Question
Waller Co. paid a $0.152 dividend per share in 2006, which grew to $0.330 in 2012. This growth is expected to continue. What is the
Waller Co. paid a $0.152 dividend per share in 2006, which grew to $0.330 in 2012. This growth is expected to continue. What is the value of this stock at the beginning of 2013 when the required return is 15.2 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)
Stock value:
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
