fundamentals of investment jordan 5th .chapter6. Dividend discount model astock will not pay dividends until three years from now. The dividend then...

fundamentals of investment jordan 5th .chapter6. Dividend discount model astock will not pay dividends until three years from now. The dividend then will be 2.00$ per share ,the dividend payout ratio will be 40 percent ,and return on equity will be 15 percent . If the required rate of return is 12 percent , steps of solution indetail . Value of the stock .