Question: I only need the first one! :)) Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Consider a firm that had been priced using a
I only need the first one! :))
Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Consider a firm that had been priced using a 12 percent growth rate and a 14 percent required return. The firm recently paid a $2.00 dividend. The firm just announced that because of a new joint venture, it will likely grow at a 12.5 percent rate. How much should the stock price change (in dollars and percentage)? Note: Round your answers to 2 decimal places
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