Problem 8-1 Stock Values [LO1] The RLX Company just paid a dividend of $1.40 per share on its stock. The dividends are e
Posted: Sun Apr 17, 2022 6:23 pm
by answerhappygod
Problem 8-1 Stock Values [LO1]
The RLX Company just paid a dividend of $1.40 per share on its
stock. The dividends are expected to grow at a constant rate of 5
percent per year indefinitely. Investors require a return of 12
percent on the company's stock.