Question
A stock is expected to pay a dividend of $1.25 at the end of the next quarter. The expected dividend growth rate is 3% per
A stock is expected to pay a dividend of $1.25 at the end of the next quarter. The expected dividend growth rate is 3% per quarter and the appropriate rate of return on this stock is 20%, compounded quarterly (r4=20%). How much is the intrinsic value of this stock?
62.50
$7.35
$64.38
$7.57
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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
