Question
You are considering purchasing a stock in Oral Cal Corp (OCC). The company just paid a dividend of $1.85 per share. OCC has historically increased
You are considering purchasing a stock in Oral Cal Corp (OCC). The company just paid a dividend of $1.85 per share. OCC has historically increased the dividends by 6% each year. Based upon the risk of the company, the required rate of return is 18%. What is the most you would be willing to pay for the stock today?
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
