Nvidia Corporation's stock stock is expected to pay a dividend of $3.60 at the end of the year (i.e., D₁ = $3.60). The d
Posted: Wed Jul 06, 2022 6:28 pm
Nvidia Corporation's stock stock is expected to pay a dividend of $3.60 at the end of the year (i.e., D₁ = $3.60). The dividend is projected to increase at a constant rate of 4.25% per year. The required rate of return on the stock, rs, is 22.00%. What is the stock's expected price 4 years from today?