A stock just paid $1.8 dividend yesterday. The dividend is expected to grow at 2.4% per...
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A stock just paid $1.8 dividend yesterday. The dividend is expected to grow at 2.4% per year thereafter. If the required rate of return of the stock is 11.2%, then using the dividend discount model, the stock price should be (Round your answer to two decimal places, such as 12.34). A stock just paid $1.8 dividend yesterday. The dividend is expected to grow at 2.4% per year thereafter. If the required rate of return of the stock is 11.2%, then using the dividend discount model, the stock price should be (Round your answer to two decimal places, such as 12.34).
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date:
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