The company paid its annual dividend of $2.00 yesterday, and the expected price in 2 years is
Fantastic news! We've Found the answer you've been seeking!
Question:
The company paid its annual dividend of $2.00 yesterday, and the expected price in 2 years is $100. Dividend payout is expected to grow 7%. i) calculate What is the required return on the stock? ii) what is the price today?
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Posted Date: