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Question 4 (20 points) (a) Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year. The dividend is
Question 4 (20 points) (a) Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock is 10%. 1) What is the stock's current value per share? 2) Would you buy the stock at the price of $5? and explain why
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