Question
Problem 8-29 Constant Growth Stock Valuation (LG8-5) Waller Co. (WAG) paid a $0.146 dividend per share in 2006, which grew to $0.312 in 2012. This
Problem 8-29 Constant Growth Stock Valuation (LG8-5)
| Waller Co. (WAG) paid a $0.146 dividend per share in 2006, which grew to $0.312 in 2012. This growth is expected to continue. |
| What is the value of this stock at the beginning of 2013 when the required return is 14.6 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.) |
| Stock value | $ |
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
