Question
A stock is expected to pay a dividend of $0.90 at the end of the year. The required rate of return is k e =
A stock is expected to pay a dividend of $0.90 at the end of the year. The required rate of return is ke = 8%, and the expected constant growth rate is g = 3%. What is the stock's current price? Round to the nearest whole. (4pts)
| a. | $18 |
| b. | $10 |
| c. | $24 |
| d. | $20 |
| e. | $19 |
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Strategies For Forex Trading How To Maximizing Your Potential Returns
Authors: Clifton Bemrich
1st Edition
979-8388676955
