Business, 10.03.2020 20:34, Alex9089435028

Fowler, Inc., just paid a dividend of $3.05 per share on its stock. The dividends are expected to grow at a constant rate of 5.5 percent per year, indefinitely. Assume investors require a return of 10 percent on this stock.

What is the current price?What will the price be in five years?What will the price be in fourteen years?

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Fowler, Inc., just paid a dividend of $3.05 per share on its stock. The dividends are expected to gr...