Question

Zeeshan industry most recent annual dividend
was dollar 1.80 per share (last year dividend)and
the firm required return is 11%. find the market
value of Zeeshan shares?
A) when dividends are expected to grow at 8%
annually for 3 years, followed by a 5% constant
annual growth rate in year for to infinity?
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Answer 1

Answer:

Lawrence Industries' most recent annual dividend was $1.80 per share (D0 = $1.80), and the firm's required return is 11% Find the market value of Lawrence's shares when: a.) Dividends are expected to grow at 8% annually for 3 years, followed by a 5% constant annual growth rate in years 4 to infinity.