Assignment 5 Saved Help Save & Exit Submit 5 Gentleman Gym just paid its annual dividend of $4 per share, and it is wide

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Assignment 5 Saved Help Save Exit Submit 5 Gentleman Gym Just Paid Its Annual Dividend Of 4 Per Share And It Is Wide 1 (69.25 KiB) Viewed 80 times

Assignment 5 Saved Help Save & Exit Submit 5 Gentleman Gym just paid its annual dividend of $4 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely a. What price should the stock sell at if the discount rate is 12%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 14 points Stock price eBook b. What price should the stock sell at if the discount rate is 10%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) References Stock price