A stock is expected to pay an annual dividend of $ 4 in one yearIf investors require

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A stock is expected to pay an annual dividend of $

4

in one yearIf investors require a

10 %

retum to buy the stock and expext dividends to grow at a

4 %

annual rate how much is the stock worth today

?

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Mar 19, 2024 05:36 AM

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A stock is expected to pay an annual dividend of $ 4 in one yearIf investors require

Question:

Expert Answer:

To calculate the value of the stock today we can use the Dividend Disc... View the full answer

Fundamentals of Financial Management

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