Question
Stock XYZ has a current dividend of $2.00 . The dividend is expected to grow forever at a rate of 3.50% . Based on the
Stock XYZ has a current dividend of $2.00 . The dividend is expected to grow forever at a rate of 3.50% . Based on the riskiness of XYZ, its discount rate is 4.00% . What is the stock price in period 3 ?
| $414.00 |
| $459.01 |
| $400.00 |
| $443.49 |
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
