Please Help! Stock Valuation r*g
Please, help solve this problem. I knew how to do it, but now just blank!
Dividends Year1: 1.00$ Year 2: 3.00$ Year 3: 2.00$ Year 4: 5.00$
then it starts growing steadily 25% a year non stop
r = required return rate is 20%
What is Po? price of the stock?
Thanks! |