A common stock has just paid a dividend of 164share the, Financial Management

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A common stock has just paid a dividend of 164share the

A common stock has just paid a dividend of $1.64/share. The dividend is expected to grow by 16% for the coming 25 years. After that, the growth rate in dividend is expected to be 5% per year in perpituity. The RRR on the stock is 10%. What is the value of the stock today?

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Financial Management: A common stock has just paid a dividend of 164share the

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Financial Management: A common stock has just paid a dividend of 164share the

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