Nile announced that they will pay their first dividend of $10 on their common stock in a year (d1). analysts think dividends will grow by 40% in year 2, by 30% in year 3, and by 20% in year 4 before settling into a constant growth rate of 10% in year 5 and beyond. what is the value of nile’s stock today based on this information if the required return is 14%?
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Nile announced that they will pay their first dividend of $10 on their common stock in a year (d1)....
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