Question
JWU Company has been growing at a rate of 5% for the past two years and is expected to continue for several years. The company
JWU Company has been growing at a rate of 5% for the past two years and is expected to continue for several years. The company paid a Dividend of $2.00 last year. If your required rate of return is 13%, what is the current value of this company's stock?
A.$26.25
B.$15.38
C.$40.00
D.$29.50
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
