Question
XYZ is expected to pay a dividend next year of $2.10. The growth in dividends is expected to be 2.3% per annum indefinately. The market
XYZ is expected to pay a dividend next year of $2.10. The growth in dividends is expected to be 2.3% per annum indefinately. The market return for XYZ stock is 9.1%. What is the expected price of the stock?
| $30.88 | ||
| $35.67 | ||
| $40.00 | ||
| $42.28 |
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
