Question
For Esaur Enterprise calculate the price per share of stock from the following information. (Using the the growth model) The dividend expected to be paid
For Esaur Enterprise calculate the price per share of stock from the following information. (Using the the growth model)
The dividend expected to be paid at the end of the year is $4.02. The dividend has been growing at 5% per year. The required return for the stock is 0.101.
Post your answer to two decimal places, 11.11 for example.
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
