question archive Microtech Corporation recently paid a dividend of $1
Microtech Corporation recently paid a dividend of $1
Subject:FinancePrice: Bought3
Microtech Corporation recently paid a dividend of $1.00. It expects to have nonconstant growth of 20% for 3 years, followed by a constant rate of 5% thereafter. If the required return on Microtech is 15%, what is the value of the stock today?
