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You buy a share of The Ludwig Corporation stock for $21.30. You expect it to pay dividends of $1.10, $1.15, and $1.2023 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $27.48
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You buy a share of The Ludwig Corporation stock for $21.30. You expect it to pay dividends of $1.10, $1.15, and $1.2023 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $27.48 at the end of 3 years. a.Calculate the growth rate in dividends. Round your answer to two decimal places.b.Calculate the expected dividend yield. Round your answer to two decimal places.

User Cristian Almstrand
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$27.48 is the correct answer for this
User Maximelc
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