Explain Capital Budgeting Techniques for Super normal Growth
Rizzi Co. is rising shortly. Dividends are anticipated to develop at a 25 % charge for the subsequent three years, with development charge falling off to a relentless eight % thereafter. If the required return is 11 % and the comp simply paid a $three.50 dividend, the present share worth is $_________. (Spherical your reply to 2 decimal locations, e.g. 32.16.)
