Question
Nu-Tech stock's last annual dividend was $1.10 a share. Dividends are expected to increase by 15 percent for the next 2 years and then increase
Nu-Tech stock's last annual dividend was $1.10 a share. Dividends are expected to increase by 15 percent for the next 2 years and then increase at a constant 3 percent annually. The required return is 17.5 percent. What is the current value per share?
Multiple Choice
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$10.63
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$11.09
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$9.28
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$9.62
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$10.33
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
