A common stock has just paid a dividend of $2.50/share. The dividends are expected to stay constant
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A common stock has just paid a dividend of $2.50/share. The dividends are expected to stay constant in perpetuity. The required return on the stock is 12%. What value would you put on that stock today?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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