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12) Zipporah Inc. just paid a dividend per share of $1.25. Its dividends are expected in grow by 10% per year for the ne
Posted: Wed May 18, 2022 11:16 pm
by answerhappygod
- 12 Zipporah Inc Just Paid A Dividend Per Share Of 1 25 Its Dividends Are Expected In Grow By 10 Per Year For The Ne 1 (19.57 KiB) Viewed 23 times
12) Zipporah Inc. just paid a dividend per share of $1.25. Its dividends are expected in grow by 10% per year for the next 3 years and then level off at a constant growth rate of 3%. The required rate of return on its stock is 7%. What should be the price of one share of Zipporah Inc.? A) $28.27 B) $30.30 C) $42.84 D) $38.94 E) $34.70