(Answered) White waters amusement parks currently d0 pays a 410 common

Finance

White waters amusement parks currently (d0) pays a $4.10 common stock dividend. Dividends have been recently growing at a 14% annual rate and are expected to continue growing at this rate for the next 2 years, then at 9% rate for the next one year, and thereafter at a 4% rate into the foreseeable future. What is the current value of White Waters Amusement Parks' common stock to an investor requiring a 16 percent rate of return?

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