What price does the dividend-discount model predict Colgate stock should sell for?
Can you help me get started with this assignment? Colgate-Palmolive Company has just paid an annual dividend of $.96. Analysts are predicting an 11% per year growth rate in earnings over the next five years. After then, Colgate's earnings are expected to grow at the current industry average of 5.2% per year. If Colgate's eq