HaveACap plc manufactures cap. The company has just paid a dividend of £0.20 per share and dividends are expected to gro
Posted: Wed May 18, 2022 9:52 pm
HaveACap plc manufactures cap. The company has just paid a
dividend of £0.20 per share and dividends are expected to grow at a
constant rate of 8% per year indefinitely. Investors require a
return of 10% on the company’s stock.
What should HaveACap’s current share price be and what will the
price be in three years?
dividend of £0.20 per share and dividends are expected to grow at a
constant rate of 8% per year indefinitely. Investors require a
return of 10% on the company’s stock.
What should HaveACap’s current share price be and what will the
price be in three years?