Hurricane travel service inc just issued a dividend of 315, Ask an Expert

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Hurricane Travel Service, Inc. just issued a dividend of $3.15 per share. Hurricane is expected to have phenomenal growth in the next two years (22%) and then level off to a constant 5.2% growth after that. The rate expected in the marketplace for investments similar to Hurricane is 7%.

What is the current value of a share of Hurricane Travel Service, Inc.? ___________________

What will the dividend be in year three? __________________________

What will the share value be in year four? __________________________

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92341355

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