Question: A share of common stock has just paid a dividend of $0.40. The company intends to continuing paying the same dividend indefinitely. If investors require
A share of common stock has just paid a dividend of $0.40. The company intends to continuing paying the same dividend indefinitely. If investors require an 25% rate of return, what is the price of the stock?
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Dividend D0 04 Growth g 0 Dividend D1 D01g 0410 04 Required rate of return ke 25 Price of the stock ... View full answer
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