Question
Question 10 (1 point) The Upton Companys last dividend was $1.75. Its dividend growth rate is expected to be constant at 18.00% for 2 years,
Question 10 (1 point)
The Upton Companys last dividend was $1.75. Its dividend growth rate is expected to be constant at 18.00% for 2 years, after which dividends are expected to grow at a rate of 6.00% forever. Uptons required return (rs) is 12.00%. What is Uptons current stock price?
Question 10 options:
| $37.15 | |
| $40.03 | |
| $38.10 | |
| $39.06 |
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
