A stock just paid a dividend of $4.55. Dividends are expected to grow at a constant rate of 4.0%. If the required retu
Posted: Fri Jul 01, 2022 7:50 am
A stock just paid a dividend of $4.55. Dividends areexpected to grow at a constant rate of 4.0%. If the requiredreturn of the stock is 15%, what is the intrinsic value of thestock?