A stock just paid $4.2 dividend yesterday. The dividend is expected to grow at 2.5% per year thereafter. If the investor
Posted: Wed May 18, 2022 11:46 pm
A stock just paid $4.2 dividend yesterday. The dividend is
expected to grow at 2.5% per year thereafter. If the investor’s
required rate of return on the stock is 14.6%, the stock price
should be _______. (Round your answer to two decimal
places, such as 12.34)
expected to grow at 2.5% per year thereafter. If the investor’s
required rate of return on the stock is 14.6%, the stock price
should be _______. (Round your answer to two decimal
places, such as 12.34)