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Business, 29.11.2019 03:31 odymonster9

Astart-up will not pay any dividends for 3 years. at the end of the third year, it is expected to pay a dividend of $0.30. this dividend should then grow at a rate of 12% for 6 years, and at a reduced rate of 6% thereafter. the market required rate of return for similar high growth start-up companies is 16%. estimate the price of the company's shares today.

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Astart-up will not pay any dividends for 3 years. at the end of the third year, it is expected to pa...
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