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Review the table below: Ford Motor Company anticipates paying a dividend of $2.30 next year and intends to increase the dividend by 3% per year
Review the table below: Ford Motor Company anticipates paying a dividend of $2.30 next year and intends to increase the dividend by 3% per year in perpetuity.
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%
What is the expected price of Ford stock today?
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$27.17
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None of the above
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$28.33
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$30.01
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$28.95
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