Question
Review the table below: Ford Motor Company anticipates paying adividend of $2.30 next year and intends to increase the dividend by3% per year in perpetuity.
Review the table below: Ford Motor Company anticipates paying adividend of $2.30 next year and intends to increase the dividend by3% per year in perpetuity.
What is the expected price of Ford 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%
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Basic Mechanical Engineering
Authors: PRAVIN KUMAR
2nd Edition
938687329X, 978-9386873293
