Question: Please give answer using financial calculator, or simplest way with the formula , no excel, thanks! 3D printing Corp paid a dividend yesterday of $1
Please give answer using financial calculator, or simplest way with the formula , no excel, thanks!
3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow at 21.00% per year for 2 years and then the growth rate will slow to 2.80% per year forever. If the required rate of return is 8.20%, then what is the current stock price? a. $27.18 b. $24.37 c. $25.12 d. $26.18 e. $21.63
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
