I need help with this problem. I know the answer but I don't see how they got it.
a) A company plans to increase its dividend at a rate of 5% per year indefinitely, what will be the dividend per share in 10 years? $6.52
b) If the dividend per share is expected to be $5.87 per share at the end of 5 years at what annual rate is the dividend expected to grow? 8%© BrainMass Inc. brainmass.com October 24, 2018, 7:29 pm ad1c9bdddf
a) If Acme Products plans to increase its dividend at a rate of 5% per year indefinitely, what will be the ...
This job examines dividends per share.
Regular cash dividend, periodic share repurchase...
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