Lifecycle Motorcycle Company is expected to pay a ...
Lifecycle Motorcycle Company is expected to pay a dividend in year 1 od $2.00, and dividend in year 2 of $3.00, and a dividend in year 3 of $4.00, After year 3, dividends are expected to grow at the rate of 7% per year. An appropriate required return for the stock is 12%. Using the multistage Dividend Discount Model, the stock should be worth ........ today? Show your work.