A stock just paid $4.7 dividend yesterday. The dividend is expected to grow at 2.5% per year thereafter. If the investor

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answerhappygod
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A stock just paid $4.7 dividend yesterday. The dividend is expected to grow at 2.5% per year thereafter. If the investor

Post by answerhappygod »

A stock just paid $4.7 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 14.1%, the stock price
should be _______.
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