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1. Today the following represents the stock price for Bryant Corporation. 52 Week Low $54.20, 52 Week High $69.75, Yesterdays closing price $81.52, Dividend paid
1. Today the following represents the stock price for Bryant Corporation. 52 Week Low $54.20, 52 Week High $69.75, Yesterdays closing price $81.52, Dividend paid out yesterday $2.64 According to the Value Line Investment Survey, the growth rate in dividends is expected to be 14% per year for the next 7 years. Suppose that the firm meets this anticipated dividend growth rate for the next 7 years, and then the growth rate falls to the normal 4% per year forever. Assume investors require 17% return on the stock. Is the stock priced correctly? Use the answer obtained to rationalize your discussion. What other factors could affect your
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