Mathematics, 20.04.2021 08:30 baegel
Peterson Packaging Inc. does not currently pay dividends. The company will start with a $0.70 dividend at the end of year three and grow it by 10% for each of the next six years. After six years of growth, it will fix its dividend at $1.36 forever. If you want a 15% return on this stock, what should you pay today given this future dividend stream?
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Peterson Packaging Inc. does not currently pay dividends. The company will start with a $0.70 divid...
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