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5 points 2. Hay Corporation has just paid Php0.20 dividend per share. The market return is 5%. The dividend is expected to grow by 2%
5 points 2. Hay Corporation has just paid Php0.20 dividend per share. The market return is 5%. The dividend is expected to grow by 2% every year. a)What is the current value of the stock? Your answer b)What will the stock be worth 4 points in four years? * Your answer c)If the stock is selling at Php5, 1 point is it worth buying?* Yes. It is undervalued . O No. It is overvalued
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