Question
XYZ Companys current stock price is $36, its last dividend was $2, and its required rate of return is 10%. If dividends are expected to
XYZ Companys current stock price is $36, its last dividend was $2, and its required rate of return is 10%. If dividends are expected to grow at a constant rate, g, in the future, what is XYZ Companys expected stock price 4 years from now?
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Personal Finance A Practical Approach
Authors: Jane King, Mary Carey
1st Edition
0199668833, 9780199668830
