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Suppose a company issues cash dividend at a constant growth rate. What is the stock price of the company based on the DDM. Suppose the

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Suppose a company issues cash dividend at a constant growth rate. What is the stock price of the company based on the DDM. Suppose the dividend in year 0 is 10 doliars Suppose the cost of equity is 7%. Suppose the constant dividend growth rate is 2% $29200$200.00$20400 Suppose a company issues cash dividend at a constant growth rate. What is the stock price of the company based on the DDM. Suppose the dividend in year 0 is 10 doliars Suppose the cost of equity is 7%. Suppose the constant dividend growth rate is 2% $29200$200.00$20400

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