Deluxe company expects to pay a dividend of $2

Reference no: EM13992897

Deluxe Company expects to pay a dividend of $2 per share at the end of year-1, $3 pers share at the end of year-2 and then be sold for $32 per share. If the required rate on the stock is 15%, what is the current value of the stock?

Reference no: EM13992897

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Deluxe company expects to pay a dividend of $2 : Deluxe Company expects to pay a dividend of $2 per share at the end of year-1, $3 pers share at the end of year-2 and then be sold for $32 per share. If the required rate on the stock is 15%, what is the current value of the stock?

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