the current stock price of great pumpkins farms, Financial Accounting

Great Pumpkin Farms just paid a dividend of $3.50 on its stock.  The growth rate in dividends is expected to be a constant 5 percent per year indefinitely.  Investors need a 16 percent return on the stock for the first 3 yr, a 14 percent return for the next 3 yrs, and 11 percent return after that.

Requirements: Show your calculation

Determine the current stock price of Great Pumpkins Farms.

 

Posted Date: 3/16/2013 8:52:31 AM | Location : United States







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