Get in shape inc just came up with a revolutionary new way, Financial Management

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Get in shape inc just came up with a revolutionary new way

Get In Shape, Inc. just came up with a revolutionary new way to get in shape without exercising. The current dividend is $3.00 per share. Analysts are predicting 30% growth in the stock of GIS for the next three years, then after that, growth is expected to level off at 6%. The rate expected in the marketplace for stock such as GIS is 8%.

What is the current value of a share of Get In Shape, Inc.? ________________

What will the value of a share be in year 4? _________________

What will the value be in year 6? ______________________

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Financial Management: Get in shape inc just came up with a revolutionary new way

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