Business, 18.03.2021 23:30 camperjamari12

OMG Corporation just paid a $1.80 annual dividend on each share. It is planning on increasing its dividend by 18 percent a year for the next 4 years. The corporation will then decrease the growth rate to a rate of 3 percent per year, and keep it that way indefinitely. The required rate of return is 7.30 percent. Calculate the current value of one share of this corporation's stock.

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OMG Corporation just paid a $1.80 annual dividend on each share. It is planning on increasing its di...

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