Question: #709

CC Inc stock recently paid a dividend of $3 Complete Solution

CC Inc. stock recently paid a dividend of $3. The company expects to boost the dividend at a rate of 15% for the next two years. Thereafter, the growth rate is expected to be 5%. The required return on the stock is 12%. What is the expected stock price one year from now just after next year's dividend is paid? (may ask for price today

Solution: #723

CC Inc stock recently paid a dividend of $3 - Complete Solution

Years:    1-5 G1       
Growth Rate:    15.00%        Discount Rate:(WACC),Expected Returns
Terminal Growth Rate:G2    5.0%       
Y...

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