Question
What is the price of a stock for which a dividend of $1.25 has just been paid and is expected to grow indefinitely at 4%
What is the price of a stock for which a dividend of $1.25 has just been paid and is expected to grow indefinitely at 4% per year, when the required rate of return is 10%?
| $13.00 | ||
| $20.83 | ||
| $12.50 | ||
| $21.67 |
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Business Valuation And Bankruptcy
Authors: Ian Ratner, Grant T. Stein, John C. Weitnauer
1st Edition
0470462388, 978-0470462386
