Pettyway corps next annual dividend d1 is expected to be 4


(Non-constant growth) Pettyway Corp’s next annual dividend (D1) is expected to be $4. The growth rate in dividends over the next three years is forecasted at 15%. After that, Pettyway’s growth rate in dividend is expected to be 5%. The required return is 18%, what is the value of the stock.

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Financial Management: Pettyway corps next annual dividend d1 is expected to be 4
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