Question
X-box Corp.s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate
X-box Corp.s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is X-box's expected stock price in 7 years?
| A. | $37.52 | |
| B. | $39.40 | |
| C. | $45.61 | |
| D. | $41.37 | |
| E. | $43.44 |
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
