Question
31!! i need help asap with the CORRECT answers! Van Buren, Inc., currently pays $2.10 per share in dividends on its common stock. Dividends are
31!! i need help asap with the CORRECT answers! Van Buren, Inc., currently pays $2.10 per share in dividends on its common stock. Dividends are expected to grow at 6.00% per year forever. If you require a 15.00% rate of return (i.e., the discount rate) on this investment, what value would you place on a share of Van Buren common stock? Assume that the current dividend was just paid. Answer format: Currency: Round to: 2 decimal places. Bad Investment Incorporated has "promised" investors to pay a $5.00 per year dividend in perpetuity. If investors want a 24.00% return on this stock based on the risk, what intrinsic value of the stock today? Answer format: Currency: Round to: 2 decimal places
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