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ABC just paid a $3.21 per share dividend. Further ABC is expected to pay a dividend at the end of every year. The company has
ABC just paid a $3.21 per share dividend. Further ABC is expected to pay a dividend at the end of every year. The company has pledged to increase its dividend by 4.51 percent per year indefinitely. If you require a return of 10.15 percent on your investment how much will you pay for the company's stock today? In other words what would be the highest price you will be willing to pay (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 30 ABC will pay a $3.86 per share dividend next year. The company pledges to increase its dividend by 4.64 percent per year indefinitely. If you require a return of 11.96 percent on your investment, how much will you pay for the company's stock today? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10)
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