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Riverhawk Loan Co. will pay dividends of $7.75, $8.50, $9.75, and $10.25 at the end of years 1, 2, 3, and 4, respectively. It will
Riverhawk Loan Co. will pay dividends of $7.75, $8.50, $9.75, and $10.25 at the end of years 1, 2, 3, and 4, respectively. It will pay no dividends after that.If you require a rate of return of 14 percent from stocks in this risk class, how much is the stock worth to you?
6.07 17.33 61.51 10.25 2.80 25.99
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