Question
A stock is currently priced at $24.7. Its dividend is expected to grow at a rate of 6.0% per year indefinitely. The stock's required return
A stock is currently priced at $24.7. Its dividend is expected to grow at a rate of 6.0% per year indefinitely. The stock's required return is 9.6%. The stock's predicted price 4 years from now, P4, should be $________.
Margin of error for correct responses: +/- .05
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The Theory Of Stock Speculation
Authors: Arthur Crump
1st Edition
B00AKTZONO
