Business, 08.07.2021 19:10, magdlenejekkar

Fowler, Inc., just paid a dividend of $2.60 per share on its stock. The dividends are expected to grow at a constant rate of 5.75 percent per year, indefinitely. Assume investors require a return of 12 percent on this stock. a. What is the current price?
b. What will the price be in four years and in sixteen years?

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Fowler, Inc., just paid a dividend of $2.60 per share on its stock. The dividends are expected to gr...