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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Divo, was
Posted: Fri Jul 01, 2022 7:42 am
by answerhappygod
- Seitz Glassware Is Trying To Determine Its Growth Rate For An Annual Cash Dividend The Most Recent Dividend Divo Was 1 (122.81 KiB) Viewed 35 times
Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Divo, was $0.30 per share. The stock's target return rate is 10%. What is the stock's price if a. the annual growth rate is 2%? b. the annual growth rate is 4%? c. the annual growth rate is 6%? d. the annual growth rate is 8%? e. the annual growth rate is 9%? a. What is the stock's price if the annual growth rate is 2%? $ (Round to the nearest cent.)