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Gentleman Gym Just paid its annual dividend of $2 per share, and it is widely expected that the dividend will increase by 5% per year
Gentleman Gym Just paid its annual dividend of $2 per share, and it is widely expected that the dividend will increase by 5% per year Indefinitely a. what price should the stock sell at if the discount rate is 15%. (Do not round intermediate calculations. Round your answer to 2 declmal places.) Stock price b. what price should the stock sell at if the discount rate is 12%. (Do not round intermediate calculations. Round your answer to 2 declmal places.) Stock price
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