Propulsion Sciences (PS) stock dividend has grown at 10 per year for many years Investors believe that a year from now the company will pay a dividend of $3 and that dividends will continue their 10 growth indefinitely If the markets required return on PS stock is 12 , what does the stock sell for ...

The price today is 3 012 010 150 A year from now the 3 dividend will ...

Propulsion Sciences (PS) stock dividend has grown at 10 % per year for many years. Investors believe

Question:

Propulsion Sciences’ (PS) stock has grown at 10 % per year for many years. Investors believe that a year from now the company will pay a of $3 and that dividends will continue their 10 % growth indefinitely. If the market’s required return on PS stock is 12 %, what does the stock sell for today? How much will it sell for a year from today after the stockholders receive their Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...