Intro A stock just paid an annual dividend of $4.89. The dividend is expected to...
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Intro A stock just paid an annual dividend of $4.89. The dividend is expected to grow by 6% per year for the next 5 years. It will then grow by 1% per year forever. The required rate of return is 11%. IB Attempt 1/10 for 1.5 pts. Part 1 What is the dividend in year 5? 1+ decimals Submit - Attempt 1/10 for 1.5 pts. Part 2 What is the horizon value (Ps)? 0+ decimals Submit Part 2 Attempt 1/10 for 1.5 pts
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