Pettway corporation next annual dividend is expected

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Pettway Corporation’s next annual dividend is expected to be $4. The growth rate in dividends over the following three years is forecasted at 15%. After that, Pettway’s growth rate is expected to equal the industry average of 5%. If the required return is 18%, what is the current value of the stock?----->How do you find PVf@18%.

Reference no: EM131935563

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