Kanga Pharmaceuticals has issued a stock with an annual dividend of $3.50 that is expected to grow at a rate of 3% per a
Posted: Sun May 29, 2022 6:28 pm
Kanga Pharmaceuticals has issued a stock with an annual dividend
of $3.50 that is expected to grow at a rate of 3% per annum. At a
discount rate of 14% the stock will sell at a price of: a. $3.50 b.
$25.00 c. $31.82 d. $30.00
Please show working out.
of $3.50 that is expected to grow at a rate of 3% per annum. At a
discount rate of 14% the stock will sell at a price of: a. $3.50 b.
$25.00 c. $31.82 d. $30.00
Please show working out.