What is the market value per share of common stock

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Analysts forecast that Dixie Chicks, Inc. (DCI) will pay a dividend of $2.50 a share now, continuing a long-term growth trend of 10% per year. If this trend is expected to continue indefinitely, and investors' required rate of return for DCI is 12%:

What is the market value per share of DCIs common stock?

What is the market value per share of DCIs common stock if required rate of return is 16%?

If there is expected to be non-constant growth of 20% for the first year, then 18% for the next year, then 16% for next year, finally stabilizing to a constant growth of 10% per year in the 4^th year what is the market value per share?

Reference no: EM13922051

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