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Can someone help me please. TIA The French Thaler and Company's stock has paid dividends of $1.73 over the past 12 months. Its historical growth
Can someone help me please. TIA
The French Thaler and Company's stock has paid dividends of $1.73 over the past 12 months. Its historical growth rate of dividends has been 9 percent, but analysts expect the growth to slow to 6 percent annually for the foreseeable future. Determine the value of the stock if the required rate of return on stocks of similar risk is 20 percent. (Round answer to 2 decimal places, e.g. 527.52.) Stock value
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