Question
Gentleman Gym just paid its annual dividend of $6 per share and its widely expected that the dividend will increase 5% per year indefinitely. A.
Gentleman Gym just paid its annual dividend of $6 per share and its widely expected that the dividend will increase 5% per year indefinitely.
A. What price should the stock sell at if the discount rate is 15%? (Round to two decimal places).
B. What price should stock sell at if the discount rate is 12%? (Round to two decimal place).
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
4th Edition
0130176028, 9780130176028
