Consider a stock with a most recent dividend of $8, and an assumed dividend growth rate of
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Consider a stock with a most recent dividend of $8, and an assumed dividend growth rate of 8.9%. If your required rate of return is 9%, and you expect to hold the stock forever, the most you would be willing to pay for the stock is?
Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
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