Page 1 of 1

10-3 CONSTANT GROWTH VALUATION Ferris Jackson's stock currently sells for $30.00 a share.Itjustpaid a dividend of S1.50

Posted: Sun Jul 03, 2022 12:57 pm
by answerhappygod
10-3
CONSTANT GROWTH VALUATION Ferris Jackson's stock currently sellsfor $30.00 a share.Itjustpaid a dividend of S1.50 a share(thatis,Do=$1.50).The dividend is expected to grow at a constant rate of7% a year. What stock price is expected 1 year from now? What isthe required rate of return?