AAA company will pay their annual dividend of $2.00 a share at the end of year one.
Fantastic news! We've Found the answer you've been seeking!
Question:
AAA company will pay their annual dividend of $2.00 a share at the end of year one. All future dividends will be increased by 2 percent annually. What is one share of this stock worth to you if you require a 10 percent rate of return?
Posted Date: