A company has cost of equity of 8% and a dividend growth rate of 3%. Its dividends for next year is $2.20 per share. What should the stock's price be?

The adequately diversify your portfolio, you need to do more than just own a variety of securities. Which of the following is a necessary component of a well-diversified portfolio that has a low variance?

Answer rating: 100% (QA)

To calculate the stocks price we can use the dividend discount model DDM also known as the Gordon Gr... View the full answer