In: Finance
QUESTION 5: Assume that the growth in problem 4 is 15%, 10%, and
then constant at 5%. What is the current price? Round answer to 2
decimal places (XX.XX)
PROBLEM 4: If the last dividend paid was $1.75 and growth is a
constant 5%, what is the current price if the required return is
11%? Round answer to 2 decimal places (XX.XX)
ANSWER TO PROB 4: 30.63