Page 1 of 1
= Tresnan Brothers is expected to pay a $2.20 per share dividend at the end of the year (i.e., D1 $2.20). The dividend i
Posted: Mon Apr 25, 2022 8:40 am
by answerhappygod
- Tresnan Brothers Is Expected To Pay A 2 20 Per Share Dividend At The End Of The Year I E D1 2 20 The Dividend I 1 (27.61 KiB) Viewed 35 times
= Tresnan Brothers is expected to pay a $2.20 per share dividend at the end of the year (i.e., D1 $2.20). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, rs, is 12%. What is the stock's current value per share? Round your answer to the nearest cent. $