GDL just paid a dividend of $4.00 per share. You expect dividend to grow 10% for the next 3 years, 10% the year after that, and then grow at 4% per year forever.
If the required return is 10%, what is the price of the stock today?
https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png00developerhttps://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.pngdeveloper2020-08-09 14:17:052020-08-09 14:17:05GDL just paid a dividend of $4.00 per share. You expect dividend to grow 10% for the next 3 years, 10% the year after that, and then grow at 4% per...
