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If ABCs expected to pay a dividend of $1.25 per share in one year. If the dividend growth rate is 6.5 percent (g) forever and
- If ABCs expected to pay a dividend of $1.25 per share in one year. If the dividend growth rate is 6.5 percent (g) forever and the required return is 11.5 percent, what should the stock be sold for 7 years from now? Round to the nearest cent 2 marks
The answer is 38.85. But i need to know how they got the answer. DO NOT REPLY TO THIS QUESTION IF YOU DO NOT GET THIS ANSWER OR YOU WILL BE DOWNVOTED.
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
