A stock just paid $4.1 dividend yesterday. The dividend is expected to grow at 2.1% per year thereafter. If the investor

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A stock just paid $4.1 dividend yesterday. The dividend is expected to grow at 2.1% per year thereafter. If the investor

Post by answerhappygod »

A stock just paid $4.1 dividend yesterday. The dividend is
expected to grow at 2.1% per year thereafter. If the investor’s
required rate of return on the stock is 14.2%, the stock price
should be _______. (Round your answer to two decimal places, such
as 12.34)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”