Question
Q4: a share of common stock just paid a dividend of $1.50. if the expected long-run growth rate for this stock is 2%, and if
Q4: a share of common stock just paid a dividend of $1.50. if the expected long-run growth rate for this stock is 2%, and if investors' required rate of return is 6.3%, then what is the stock price? round your final answer to 2 decimal places. do not round any intermediate calculation
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
