Question
A stock will pay the following dividends for the next 3 years: $1.00, $2.00, and $3.50. After that, dividends are expected to grow at a
A stock will pay the following dividends for the next 3 years: $1.00, $2.00, and $3.50. After that, dividends are expected to grow at a constant rate of 6%. If the stocks required rate of return is 8%, what should the stock sell for today?
Group of answer choices
163.75
146.94
152.67
184.03
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Investment The Study Of An Economic Aggregate
Authors: Philip J. Lund
1st Edition
0444851380,1483256901
