Question
Atlas Airlines paid a dividend of $1.22 a share last week. The company is planning on paying $2.50, $3.7, and $4.4 a share over the
Atlas Airlines paid a dividend of $1.22 a share last week. The company is planning on paying $2.50, $3.7, and $4.4 a share over the next 3 years, respectively. After that, the dividend will be constant at $3 per share per year. What is the market price of this stock if the market rate of return is 14.75 percent ?
| 19.44 | ||
| 17.66 | ||
| 20.36 | ||
| 21.36 | ||
| 18.54 |
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Sport Finance
Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello
4th Edition
1492559733, 978-1492559733
