Perfectly soft corp is experiencing rapid growth dividends


Perfectly Soft Corp. is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 20 percent over the following year, and then 6 percent per year thereafter indefinitely. The required return on this stock is 11 percent, and the stock currently sells for $35.1 per share. What is the projected dividend for the coming year?

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Financial Management: Perfectly soft corp is experiencing rapid growth dividends
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