A stock just paid $4.1 dividend yesterday. The dividend is expected to grow at 2.1% per year thereafter. If the investor
Posted: Wed May 18, 2022 11:53 pm
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)
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)