Dhaka jute co is experiencing rapid growth dividends are

Reference no: EM13622729

Dhaka Jute Co. is experiencing rapid growth. Dividends are expected to grow at 30percent per year during the next three years, 18 percent over the following year, and then 5 percent per year, indefinitely. The required return on this stock is 14 percent, and the stock currently sells for BDT 500 per share.

What is the projected dividend for the coming year?

Reference no: EM13622729

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