February 21, 2017

Homework Help: non-constant dividends

Posted by Kurt on Sunday, June 28, 2009 at 8:23pm.

I have no idea where to begin with this one !

Nonconstant Dividends

Hetfield and Ulrich, Inc., has an odd dividend policy. The company has just paid a dividend of $12 per share and has announced that it will increase the dividend by $7 per share for each of the next 5 years, and then never pay another dividend. If you require a 14 percent return on the company's stock, you will pay $______ per share today?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions