Question: 27. If expected dividends grow at 8% and the appropriate discount rate is 11%, what is the value of a stock with an expected dividend
27.
| If expected dividends grow at 8% and the appropriate discount rate is 11%, what is the value of a stock with an expected dividend of $2.75? (Round your answer to 2 decimal places.) |
$91.67
$92.67
$137.50
$45.83
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