A company just paid dividends of $2.5 per share, which will grow at a constant rate of 4% percent forever. If shareholde

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answerhappygod
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A company just paid dividends of $2.5 per share, which will grow at a constant rate of 4% percent forever. If shareholde

Post by answerhappygod »

A company just paid dividends of $2.5 per share, which will grow
at a constant rate of 4% percent forever. If shareholders require a
10 percent rate of return, what is the price of its common
stock?
NEED ANSWER ASAP PLEASE!! PLEASE SHOW WORK USING EXCEL!! THANK
YOU!!
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