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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

Posted: Thu May 19, 2022 12:03 am
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 _______.