Question: How much is the most you should pay for a stock that is expected to pay a dividends of $1.30 a share after 4 years

How much is the most you should pay for a stock that is expected to pay a dividends of $1.30 a share after 4 years from now, if the growth rate is 4% and the required rate of return on stocks with the same risk is 10%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
