Question
Little Feet Shoe Co. just paid a divident of $1.65 on its common stock. This company's dividents are expected to grow at a constant rate
Little Feet Shoe Co. just paid a divident of $1.65 on its common stock. This company's dividents are expected to grow at a constant rate of 3% indefinitely. If the required rate of return on this stock is 8%, compute the current value per share of LFS stock. (Please show your calculation)
a. 21 b. 34 c. 30 d. 27
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Handbook Of Digital Currency Bitcoin Innovation Financial Instruments And Big Data
Authors: David Lee Kuo Chuen
1st Edition
0128021179, 978-0128021170
