A company paid 14 dividends per share in the current year and is expected to pay 0.09 more of this next year. Assuming the company's cost of equity is 0.18, and dividend growth remains the same in perpetuity, what is the price of the company's stock?

Answer rating: 100% (QA)

Cost of equity DPSMPSr DPS Dividend Per Share 14 MP... View the full answer