Business, 12.11.2020 18:50 melanastormes92

Courageous, Inc. just paid a dividend of $1.80per share on its stock. The dividends are expected to grow at a constant rate of 3 percent per year, indefinitely. If investors require a 12 percent return on Courageous stock, what is the current price? What will the price be in 3 years? In 15 years? PART A:
Current Price: $.
PART B:
Price in Three Years: $.
PART C:
Price in Fifteen Years: $.

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Courageous, Inc. just paid a dividend of $1.80per share on its stock. The dividends are expected to...

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