Question
Company A announced that its current dividend is $4 per share (D 0 =$4). The dividend is expected to grow at a constant rate of
Company A announced that its current dividend is $4 per share (D0=$4). The dividend is
expected to grow at a constant rate of 5 percent a year for the next 2 years and it will be 2
percent thereafter. Required rate of return is equal to 8%. What is the expected price of the
stock at the end of the first year? (Answer is rounded)
| Your answer: | |
|---|---|
| 74 | |
| 33 | |
| 25 | |
| 55 | |
| 44 | |
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Bitcoin A Game Theoretic Analysis
Authors: Micah Warren
1st Edition
3110772833, 978-3110772838
