1Using the PDF file, find the value GE’s stock in 2014.
?(You need to find the dividend, growth rate, required rate of return and terminal value to find the stock price)
2Suppose instead that we assume the dividend growth rate in 2018 will decline linearly, finally reaching the constant terminal growth rate of 7.68% in 2029. If constant growth begins in 2030, what is the new estimate of the value of GE stock in 2014?