The current price is 110. Suppose the expected growth rate of dividends rises to 6% (the upcoming year’s dividends are
Posted: Fri Jul 01, 2022 7:47 am
The current price is 110. Suppose the expected growth rateof dividends rises to 6% (the upcoming year’s dividends are notaffected, only future dividends to be announced). Whatimmediately must happen to the stock’s price?