Question
A firm just paid a dividend of $0.50 per share. Dividends are expected to grow at a constant rate of 8% per year forever and
A firm just paid a dividend of $0.50 per share. Dividends are expected to grow at a constant rate of 8% per year forever and similar investments are yielding an 11% rate of return. The most you should be willing to pay for this stock today is__?
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$14.15
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$16.67
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$18.00
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$13.88
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$13.55
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
