Question
The expected return on Natter Corporations stock is 18%. The stocks dividend is expected to grow at a constant rate of 14%, and it currently
The expected return on Natter Corporations stock is 18%. The stocks dividend is expected to grow at a constant rate of 14%, and it currently sells for $50 a share. Which of the following statements is CORRECT?
a. The stock price is expected to be $57 a share one year from now.
b. The current dividend per share is $4.00.
c.The stocks dividend yield is 8%.
d.The stocks dividend yield is 7%.
e.The stock price is expected to be $54 a share one year from now.
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