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Review the table below: Boeing anticipates paying a dividend of $4.30 next year and intends to increase the dividend by 4% per year in perpetuity.

Review the table below: Boeing anticipates paying a dividend of $4.30 next year and intends to increase the dividend by 4% per year in perpetuity.

What is the expected price of Boeing stock today?

Company Beta

US Steel 1.77

Ford Mo Co 1.31

General Electric 1.20

Boeing 0.94

Amazon 0.90

Starbucks 0.79

McDonalds 0.51

Walmart 0.26

Market Details

Current T-Bill Price 975.88

Historic Average 1 year T-Bill Rtn 2.3%

Current Market Return 8.5%

Historic Average Market Return 8.9%

Multiple Choice

$91.97

None of the above

$104.17

$95.47

$100.01

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