questions 8-3

of the year (i... D - expected to grow at a constant rate of 7 percent a year. The required rate of return on the stock, k, is 15 percent. What is the value per share of the company's stock? 8-3 Harrison Clothiers' stock currently sells for $20 a share. The stock just paid a dividend of Constant growth valuation $1.00 a share (.e., De = $1.00). The dividend is expected to grow at a constant rate of 10 per cent a year. What stock price is expected 1 year from now? What is the required rate of return on the company's stock?" Fee Founders has preferred to Preferred stock valus