Alderon Manufacturing's stock is currently trading in the market for $65.00 per share. The stock just paid a dividend of $1.75 per share. The dividend is expected to grow at a constant rate of 8% per year. 

a.     What is the expected stock price a year from now?

b.     What is the required rate of return on the company's stock?

Answer rating: 100% (QA)

Answer a The expected stock price in a year is 6689 Heres how we can find the expected stock pri... View the full answer