Question: how do i plug this into my financial calculator? 33. Jefferson Mills just paid a dividend CS1.56 per share on its stockThe dividends are expected
how do i plug this into my financial calculator?
33. Jefferson Mills just paid a dividend CS1.56 per share on its stockThe dividends are expected to grow at a constant rate of 8 percent per year./indefinitely. What will the price of this stock be ip 7 years if investors require a 15 percent rate of return? A. $37.46 B. $43.33 C. $28.18 D. $41.25 E. $32.04 1.56*(1.8) 15-08 e P. $1.56x 1.08" -$41.25 15-08
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
