Shower Curtain Stock
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 NEW Pittsburgh Steelers Fabric Shower Curtain IN STOCK $26.95 End Date: Monday Jun-18-2012 16:24:38 PDT Buy It Now for only: $26.95 |
 Brand NEW Fabric Hummingbird Bird Bathroom Shower Curtain IN STOCK Ship Canada $33.49 End Date: Sunday May-27-2012 15:30:09 PDT Buy It Now for only: $37.99 |
 NEW Green Bay Packers Fabric Shower Curtain IN STOCK $26.95 End Date: Monday Jun-4-2012 13:37:37 PDT Buy It Now for only: $26.95 |
 NEW Dallas Cowboys Logo Fabric Shower Curtain IN STOCK $26.95 End Date: Sunday Jun-10-2012 15:54:46 PDT Buy It Now for only: $26.95 |
 NORTH CAROLINA TARHEELS Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-5-2012 14:09:01 PDT Buy It Now for only: $26.95 |
 OWL Bath Collection Separates Shower Curtain OR Window Valance In Stock Now NEW $19.95 End Date: Sunday Jun-17-2012 2:54:28 PDT Buy It Now for only: $19.95 |
 Peace Sign SHOWER CURTAIN Tye Dye Print IN STOCK Ships FREE next day $21.99 End Date: Monday Jun-18-2012 5:41:28 PDT Buy It Now for only: $21.99 |
 NEW Chicago Bears Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-12-2012 9:34:52 PDT Buy It Now for only: $26.95 |
 20 Pc Bath Set IN STOCK Geometric Blue Brown Shower Curtain Towels+ Modern Orbit $42.99 End Date: Thursday May-24-2012 12:28:25 PDT Buy It Now for only: $42.99 |
 PEACE Sign Fabric Shower Curtain IN STOCK Bath Tie Dye Hippy Girl Retro Tye Die $24.99 End Date: Saturday Jun-16-2012 7:06:15 PDT Buy It Now for only: $24.99 |
 NW Georgia Bulldogs Jersey Mesh Shower Curtain IN STOCK $26.95 End Date: Tuesday May-29-2012 11:11:30 PDT Buy It Now for only: $26.95 |
 NEW ENGLAND PATRIOTS Fabric Shower Curtain NEW IN STOCK $26.95 End Date: Friday Jun-8-2012 15:46:08 PDT Buy It Now for only: $26.95 |
 NEW ST LOUIS CARDINALS PVC Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:14:46 PDT Buy It Now for only: $22.95 |
 NEW Denver Broncos Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-12-2012 11:54:24 PDT Buy It Now for only: $26.95 |
 White Brown Tree Fabric Shower Curtain Branch In Stock $33.99 End Date: Friday May-25-2012 12:33:07 PDT Buy It Now for only: $33.99 |
 NEW Tennessee Titans Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-5-2012 15:55:52 PDT Buy It Now for only: $26.95 |
 NEW ATLANTA BRAVES PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:07:37 PDT Buy It Now for only: $22.95 |
 NEW CHICAGO CUBS PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Wednesday Jun-13-2012 10:50:00 PDT Buy It Now for only: $22.95 |
 Warm Winter Wishes Christmas Stockings Snowmen Holly Fabric Shower Curtain NEW $24.99 End Date: Wednesday Jun-20-2012 19:23:45 PDT Buy It Now for only: $24.99 |
 NEW YORK YANKEES PVC Vinyl Shower Curtain IN STOCK New $22.95 End Date: Saturday Jun-2-2012 15:29:50 PDT Buy It Now for only: $22.95 |
 Louisiana State Tigers LSU Jrsy Shower Curtain IN STOCK $26.95 End Date: Tuesday May-29-2012 11:14:46 PDT Buy It Now for only: $26.95 |
 CINCINNATI BENGALS Fabric Shower Curtain IN STOCK $26.95 End Date: Friday Jun-1-2012 9:44:29 PDT Buy It Now for only: $26.95 |
 NEW Indianapolis COLTS Fabric Shower Curtain IN STOCK $26.95 End Date: Friday Jun-15-2012 16:48:02 PDT Buy It Now for only: $26.95 |
 NEW LA DODGERS PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:19:54 PDT Buy It Now for only: $22.95 |
 TEXAS LONGHORNS Fabric Shower Curtain IN STOCK $26.95 End Date: Saturday Jun-9-2012 6:06:09 PDT Buy It Now for only: $26.95 |
 PHILADELPHIA EAGLES Fabric Shower Curtain IN STOCK $26.95 End Date: Monday Jun-11-2012 22:27:18 PDT Buy It Now for only: $26.95 |
 NEW New York Giants Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-19-2012 10:44:27 PDT Buy It Now for only: $26.95 |
 Christmas Vinyl Shower Curtain Hook Set Candy Canes Stockings Presents Design $44.99 End Date: Sunday Jun-17-2012 21:05:22 PDT Buy It Now for only: $44.99 |
 Ohio State OSU Buckeyes Fabric Shower Curtain IN STOCK $26.95 End Date: Tuesday Jun-19-2012 9:33:03 PDT Buy It Now for only: $26.95 |
 Alabama Crimson Tide Jersy Mesh Shower Curtain IN STOCK $26.95 End Date: Sunday May-27-2012 16:39:57 PDT Buy It Now for only: $26.95 |
 NEW CHICAGO WHITE SOX PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:26:16 PDT Buy It Now for only: $22.95 |
 Shower Curtain Rings m w Laura Ashley Stocks Floral $14.39 End Date: Monday May-28-2012 10:00:52 PDT Buy It Now for only: $14.39 |
 NEW BOSTON RED SOX PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:24:55 PDT Buy It Now for only: $22.95 |
 NEW YORK METS PVC Vinyl Shower Curtain IN STOCK New $22.95 End Date: Saturday Jun-2-2012 15:21:33 PDT Buy It Now for only: $22.95 |
 GRAND VILLA WHITE DAMASK SHOWER CURTAIN IN STOCK $54.90 End Date: Saturday Jun-9-2012 18:06:07 PDT Buy It Now for only: $54.90 |
 PHILADELPHIA PHILLIES PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:23:26 PDT Buy It Now for only: $22.95 |
 NEW HOUSTON ASTROS PVC Vinyl Shower Curtain IN STOCK $22.95 End Date: Saturday Jun-2-2012 15:05:40 PDT Buy It Now for only: $22.95 |
 Shower Curtain striped stockings sexy lingerie fetish $80.00 End Date: Saturday Jun-9-2012 21:28:25 PDT Buy It Now for only: $80.00 |
a. Calculate DGSCR’s expected dividends for 2006, 2007, 2008, 2009, and 2010. (Use a timeline)?
Assume that it is now January 1, 2006. Dell Griffith Shower Curtain Rings, Inc. (DGSCR) has just developed a new shower curtain ring capable of lasting twice as long as the average model currently on the market. As a result, DGSCR is expected to experience 20% annual growth for the next 5 years. By the end of the 5 years, other firms will have developed comparable technology, and DGSCR’s growth rate will slow to 7% per year indefinitely. Stockholders require a return of 14% on DGSCR’s stock. The most recent annual dividend (D0), which was paid today, was $2.00.
So you start with $2 on Jan 1, 2006.
Multiply that by 120% and the result by another 120%, the same for each year for the first 5 years. After that, multiply each year by 107%.
