Nu-platinum is a highly successful mining company the


Nu-platinum is a highly successful mining company. The company just paid a dividend on the stock of $0.60. Business has been growing well over the past few years and is expected to do so at 25% for the next 3 years. The company will then expect growth to slow 7% for the forseeable future. Mining is a risky business and this stock is viewed as risky thus you require a 20% return. A) draw a time line of the dividends over the next 5 years B) If the required return is 20% what is the price of the stock after year 3? C) What is the price of the stock today?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Nu-platinum is a highly successful mining company the
Reference No:- TGS01408679

Expected delivery within 24 Hours