Company X has 100 shares outstanding. He earns $1,000 per year and expects to pay it all
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Company X has 100 shares outstanding. He earns $1,000 per year and expects to pay it all as dividends. If the company expects to keep this dividend forever, calculate the stock price today. (The required rate of return is 10%)
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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