What is the current value of this stock if the discount rate

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Blackwater Tours pays an annual dividend which increases by 4 percent each year. The next dividend is expected to be $1.36 a share. Blackwater recently announced that they will be ceasing all dividends after 3 more years as they are planning a major expansion project and will need to conserve cash. What is the current value of this stock if the discount rate is 15 percent? $3.22 $3.37 $3.41 $3.55 $3.59 Question 24 Over the past 4 years, your firm has paid annual dividends of $1.90, $2.10, $2.20, and $2.35. What is the arithmetic average dividend growth rate? 7.30 percent 7.34 percent 7.37 percent 8.01 percent 8.05 percent

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