stock currently sells for $20 a share. The stock just paid a dividend of $1.00 a share
Fantastic news! We've Found the answer you've been seeking!
Question:
stock currently sells for $20 a share. The stock just paid a dividend of $1.00 a share (D0 = $1.00). The dividend is expected to grow at a constant rate of 10% a year. What stock price is expected 1-year from now? What is the required rate of return on the company's stock?
Posted Date: