Question
New Horizon Company will pay $1.50 dividend payment and due to its very promising projects the company announced that dividend payments will grow at a
New Horizon Company will pay $1.50 dividend payment and due to its very promising projects the company announced that dividend payments will grow at a rate of 18% indefinitely. What is the stock price in four years from now if cost of equity is 20%?
Question 15 options:
| $17.15 | |
| $75 | |
| $145.41 | |
| $171.58 |
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Introduction To Personal Finance Beginning Your Financial Journey
Authors: Lance Palmer, John E. Grable
2nd Edition
1119797063, 978-1119797067
