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Canopus, Inci is expected to pay a dividend of $1.40 next year (li.e, D1=1.40 ) and its current stock price is $21.20. The discount rate
Canopus, Inci is expected to pay a dividend of $1.40 next year (li.e, D1=1.40 ) and its current stock price is $21.20. The discount rate for the company is 10%. If the market expects Canopus's dividends to grow at a constant rate forever, then the growth rate must be \%. 1) 3.86 2) 3,46 3) 3,40 4) 3.80 5) 4.00
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