Question
#2 Boltzmond Richmond's stock currently sells for $23.00 a share. It just paid a dividend of $1.25 a share (i.e., D 0 = $1.25). The
#2
Boltzmond Richmond's stock currently sells for $23.00 a share. It just paid a dividend of $1.25 a share (i.e., D0 = $1.25). The dividend is expected to grow at a constant rate of 10% a year.
What stock price is expected 1 year from now? Round your answer to the nearest cent. $
What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.
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Essentials Of Working Capital Management
Authors: James Sagner
1st Edition
047087998X,0470916923
