Price Trailing Dividend Stock Pe

[answerhappygod]

Price
Trailing
Dividend
Stock Per
Share P/E Price/Book Yield
S&P
500
$3,300
28

3.7

1.60%
ABC
$100
50
5.5
0.00%
DEF
$200
40
2.5
1.00%
IJK
$100
10
2.0

5.00%
XYZ
$100
20
4.0
3.00%
$63 is the fair price of stock XYZ if
investors expect dividends to grow at a constant rate of 5% per
year (forever) and if investors require a 10% annual return on the
stock explain why $63 and
show math