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assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.25 per...

assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.25 per share at the end of 2019. the dividend is expected to grow at 15% per year for 3 years, after which time it is expected to grow at a constant rate of 5.5% annually. the company cost of equity is 9.5%. Using the dividend growth model, what should be the price of the company stock today

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jeff jeffy answered 2 years ago
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