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FORMULA??? The RLX Co . just paid a dividend of $ 3 . 2 0 per share on its stock. The dividends are expected to
FORMULA??? The RLX Co just paid a dividend of $ per share on its stock. The dividends are expected to
grow at a constant rate of percent per year indefinitely. If investors require a return of
percent on the company's stock, what is the stock price in years? What will the price be in
years? In years?
Input area:
Use cells A to B from the given information to complete this question.
Output area:
Price in years
Price in years
Price in years
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