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The Zumwalt Company just announced that they will pay a dividend of $4.21 per share next year. They also stated that they expect a dividend
The Zumwalt Company just announced that they will pay a dividend of $4.21 per share next year. They also stated that they expect a dividend growth of 7% every year from the current expected dividend. If the company's WACC is 13%, its beta is 1.5, the market risk premium is 4.2%, and the risk-free rate is 8%. What is the companys stock price today? $36.18 $57.67 $61.64 $70.17
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