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6. value 0.93 points Consider a firm that had been priced using a 12 percent growth rate and a 14 percent required return. The firm
6. value 0.93 points Consider a firm that had been priced using a 12 percent growth rate and a 14 percent required return. The firm recently paid a $1.15 dividend. The firm just announced that because of a new joint venture, it will likely grow at a 12.5 percent rate How much should the stock price change (n dollars and percentage)? (Round your answers to 2 decimal places.) Change in stock price Change in stock percent 33 93%
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