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question 1 and 2 please GDL just paid a dividend of $4 per share. Investors expect the company's dividends to grow at a constant rate
question 1 and 2 please
GDL just paid a dividend of $4 per share. Investors expect the company's dividends to grow at a constant rate of 3% per year, and they require a 13% return to invest in the stock. What is the expected price of GDL 1 year from now? Question 2 1 pts Suppose GDL just paid a dividend of $3 and the required return on the stock is 15%. What growth rate must investors expect if the stock currently sells for $50 ? Answer to 4 decimal places, for example 0.1234 Step by Step Solution
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