Question
Chevron Corp is expected to be $109 next year and the expected dividend at the end of next year is $0,85. If the company required
Chevron Corp is expected to be $109 next year and the expected dividend at the end of next year is $0,85. If the company required return on equity is 12.3%, then what is the value of Chevron Corp's stock? (show formula, do the math, indicate unit of measurement)
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
