FPL Co. is a stable company. The company is expected to pay $6 dividend per share next year. The earnings growth rate is 5%. if investors require 18%, what should be the current stock price?

Review#3 - Stock and Fim Valuation, FIN 475 Fall 2021 Page 1 Instruction: Answer the following questions. To eam credit, submit your answers in Canvas by the due date. See the due date on the syllabus. 1. FPL Co. is a stable company. The company is expected to pay $6 dividend per share next year. The earnings growth rate is 5%. If investors require 18%, what should be the current stock price