A share of common stock has just paid a dividend of $2.50.If the expected long-run growth rate
Fantastic news! We've Found the answer you've been seeking!
Question:
A share of common stock has just paid a dividend of $2.50.If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 11.5%, what is the stock's intrinsic value?Enter your answer rounded to two decimal places.Do not enter $ or comma in the answer box.For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.
Posted Date: