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The most recently recorded dividend payment of a firm was $3.45. the dividend payments are...

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Accounting

The most recently recorded dividend payment of a firm was $3.45. the dividend payments are expected to increase by8.32% in year one, 11.67 in year 2, and 9.865% in year 3. after that, dividend are expected to grow at a constant growth rate of 5.55 forever. stocks of simmilar risk yield 10%. what is the present value of this stock?

A: what are the dividend payments?

B: Calcjulate PV for the stock

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