(Answered) Management wants to reinvest all profits generated over the

Finance

Management wants to reinvest all profits generated over the nest 9 years back into operations, no dividend will be paid over that period. They expect to start paying dividends after that period, starting with a $2.68 dividend at the end of year 10. The dividend will grow at 22% for the next 3 years, and at 14% for the nest 2 years, stabilizing normal growth rate at 4.5% after that. If the stock has a required return of 19.5% , what is the current price per share of the stock right now?

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