Question 26 (1 point) Galaxy Co has paid out the following dividends per share in recent...

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Question 26 (1 point) Galaxy Co has paid out the following dividends per share in recent years Year Dividends €6.50 O €5.35 2003 €6.83 68.8 The Dividend for 2003 has just be paid out and Galaxy Company has a cost of equity (required rate of return) of 15% €7.59 2002 2001 2000 Using the historical dividend growth rate and the dividend growth model, what is the estimated market price of Galaxy Company's share price to the nearest cent 63.8 62.8 61.1 Question 26 (1 point) Galaxy Co has paid out the following dividends per share in recent years Year Dividends €6.50 O €5.35 2003 €6.83 68.8 The Dividend for 2003 has just be paid out and Galaxy Company has a cost of equity (required rate of return) of 15% €7.59 2002 2001 2000 Using the historical dividend growth rate and the dividend growth model, what is the estimated market price of Galaxy Company's share price to the nearest cent 63.8 62.8 61.1

Answer rating: 100% (QA)

N18 1 23 B fe YEAR 2000 2001 2002 2003 4 5 6 7 8 9 10 Expe... View the full answer