Question
A stock currently sells for $28 a share. Its dividend is growing at a constant rate, and its dividend yield is 5%. The stock's required
A stock currently sells for $28 a share. Its dividend is growing at a constant rate, and its dividend yield is 5%. The stock's required return is expected to remain constant at 13%. What is the expected stock price seven years from now?
| $24.62 | ||
| $29.99 | ||
| $39.40 | ||
| $41.83 | ||
| $47.99 |
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
