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A company's dividend next year is £46 per share, and dividends are expected to grow at a race of 5% each subsequent year
Posted: Wed May 18, 2022 11:16 pm
by answerhappygod
- A Company S Dividend Next Year Is 46 Per Share And Dividends Are Expected To Grow At A Race Of 5 Each Subsequent Year 1 (22.53 KiB) Viewed 21 times
A
company's dividend next year is £46 per share, and dividends are expected to grow at a race of 5% each subsequent year. The
company's expected rate of return is 11% and the risk-free rate is 2%. What is the
company's current stock price? (NB: If necessary, round your answer to 2 decimal places.)