Thirsty Cactus Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 35 percent for the next 10 years and then level off to a 7 percent growth rate indefinitely.

Required : If the required return is 15 percent, what is the price of the stock today?
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Thirsty Cactus Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 35 percent for the next 10 years and then level off to a 7 percent growth rate indefinitely.

Required : If the required return is 15 percent, what is the price of the stock today?

violetalpaca648

Thirsty Cactus Corp. just paid a dividend of $1.60 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a 7 percent growth rate indefinitely. If the required return is 12 percent, what is the price of the stock today?

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