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Jeffer Corp is expected to pay a dividend of $0.75 next year. If they have a payout ratio of 30% and firms in their industry

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Jeffer Corp is expected to pay a dividend of $0.75 next year. If they have a payout ratio of 30% and firms in their industry have an average PE ratio of 15, what would you pay for a share of Jeffer Corp stock? 2) HarperCo will pay a constant dividend of $0.85 per year for the next 6 years. Following that, the dividend will increase by 4% per year indefinitely. If an investor requires a return of 9%, how much would she be willing to pay for a share of HarperCo stock

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