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    Dyonissia's Avatar
    Dyonissia Posts: 1, Reputation: 1
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    #1

    Dec 25, 2007, 10:50 AM
    Finance/ current price of a stock
    Jon's catering is growing at a very fast rate. Asa a result the company expects to increase its dividend to $.45, $.95, $1.60, and $2.15 over the next four years. Respectively. After that the dividend is projected to increase by 6 percent annually. The last annual dividend the firm paid was $.30 a share. What is the current value of this stock if the required return is 17 percent?
    laalldway's Avatar
    laalldway Posts: 1, Reputation: 1
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    #2

    Mar 3, 2009, 05:34 PM
    14.28
    love 2's Avatar
    love 2 Posts: 2, Reputation: 1
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    #3

    Mar 4, 2009, 10:30 AM
    Am humphrey and I am in finance class at wsu
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