Question
Question 7 A company is growing at a constant rate of 8 percent. Last week it paid a dividend of $3.00. If the required rate
Question 7
A company is growing at a constant rate of 8 percent. Last week it paid a dividend of $3.00. If the required rate of return is 15 percent, what is the price of the stock three years from now?
| a. | $58.31 | |
| b. | $55.15 | |
| c. | $45.15 | |
| d. | $56.21 |
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Public Spending In The 20th Century A Global Perspective
Authors: Vito Tanzi , Ludger Schuknecht
1st Edition
0521662915,0511839596
