Listen Goodfellas Personal Finance just paid a dividend of $20. Its dividends are expected to grow...
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Listen Goodfellas Personal Finance just paid a dividend of $20. Its dividends are expected to grow at a 50% annual rate for each of the next two years, and then settle down to a steady state 6% into the foreseeable future. If investors require a 15% rate of return, what should a share of Gooodfellas' stock sell for? $460.87 $500.00 $395.46 $530.00 $434.78 None of the answers listed above are within $0.25 of the correct answer. Previous Page Next Page Page 13 of 38 Listen Goodfellas Personal Finance just paid a dividend of $20. Its dividends are expected to grow at a 50% annual rate for each of the next two years, and then settle down to a steady state 6% into the foreseeable future. If investors require a 15% rate of return, what should a share of Gooodfellas' stock sell for? $460.87 $500.00 $395.46 $530.00 $434.78 None of the answers listed above are within $0.25 of the correct answer. Previous Page Next Page Page 13 of 38
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