The Herjavec Co. just paid a dividend of $1.95 per share on its stock. The dividends...

The Herjavec Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 3 per year indefinitely. Investors require a return of 11 percent on the companys stock. What is the current price of the stock? What will the price be in three years? What will the price be in 6 years?

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A company just paid a dividend of $1.95 per share, and that dividend is expected to...

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Heard, Inc., just paid a dividend of $8.4 per share on its stock. The dividends are...

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Fowler, Inc., just paid a dividend of $2.70 per share on its stock. The dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely. Assume investors require a return of 9 percent on this stock. a. What is the current price? b. What will the price be in six years and in thirteen years?

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