Could i industries just paid a dividend of 187 per share


Could I Industries just paid a dividend of $1.87 per share. The dividends are expected to grow at a 15 percent rate for the next 3 years and then level off to a 5 percent growth rate indefinitely. If the required return is 17 percent, what is the value of the stock today?

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Financial Management: Could i industries just paid a dividend of 187 per share
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