A corporation will pay an annual dividend of $0.65 one year from now. Analyst expects this dividend


A strengthening gain pay an annual dividend of $0.65 one year from now. Analyst expects this dividend to grown 12.9% per year thereafter until the fifth year. After then, augmentation gain plane off at 1.9% per year. According to the dividend abatement design what is the appreciate of the portion-out if the firm’s equity consume of excellent is 8.1%