Question: Please help with both questions A stock will pay a dividend of $ 6.43 per share, which is expected to grow at 4.2 % per

 Please help with both questions A stock will pay a dividendPlease help with both questions

A stock will pay a dividend of $ 6.43 per share, which is expected to grow at 4.2 % per period. The discount rate is 11.98%. What should be the current price? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23) Question 2 1 pts A stock just paid a dividend of $ 2.88 per share, which is expected to grow at 3.99% per period. The discount rate is 8.19%. What should be the current price? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!