A stock just paid a dividend of D0 = $1.75. The required rate of return is rs=12.0%,
Fantastic news! We've Found the answer you've been seeking!
Question:
A stock just paid a dividend of D0 = $1.75. The required rate of return is rs=12.0%, and the constant growth rate is g=4.0%. What is the current stock price?
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Posted Date: