Question
The price of Geeslin corp stock is expected to be $68 in 5 years. Dividends are anticipated to increase as an annual rate of 10%
The price of Geeslin corp stock is expected to be $68 in 5 years. Dividends are anticipated to increase as an annual rate of 10% from the most recent dividend of $2.00. If your required rate of return is 16%, how much are you willing to pay for Geeslin stock today?
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
