Jumbo Shrimp Oxymorons nc. recently paid a dividend o $2.15 per share. The firm expects...
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Jumbo Shrimp Oxymorons nc. recently paid a dividend o $2.15 per share. The firm expects explosive grow 20% ove, e next w years. After that he firm smanagersex c that growth will drop to 14% for the following three years, then settle at 8% indefinitely. If investors require a rate of return of 15.70% on Jumbo's stock. a. What will be the dividend paid out for the next six years? (Round your answers to 4 decimal places.) D1- D2 D4= D5- b. What is its intrinsic value today? (Round your answer to 2 decimal places.) Intrinsic value
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