Anderson Motors, Inc. has just set the company dividend policy at $0.30 per year. The company plans to be in business fo
Posted: Fri Jul 01, 2022 7:43 am
company dividend policy at $0.30 per year. The company plans to be in business forever. What is the price of this stock if a. an investor wants a return of 5%? b. an investor wants a return of 7%? c. an investor wants a return of 9%? d. an investor wants a return of 16%? e. an investor wants a return of 18%? a. What is the stock price if an investor wants a return of 5%? (Round to the nearest cent.)
Anderson Motors, Inc. has just set the