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Homework answers / question archive / Fey Fashions expects the following dividend pattern over next seven years'  Year 1 $1

Fey Fashions expects the following dividend pattern over next seven years'  Year 1 $1

Finance

Fey Fashions expects the following dividend pattern over next seven years' 
Year 1 $1.50  Year 2 $1.65 Year 3 1.82 Year 4 $2.00 Year 5 $2.20 Year 6 $2.42  Year 7 $2.66


The company will then constant dividend $3.00 forever.What is the stock price today if an investor wants to earn a. 17% b. 21%
 

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