Question: Please show how it would be done on EXCEL gilmore, Inc., just paid a dividend of $2.35 per share on its stock. The dividends are
Please show how it would be done on EXCEL
gilmore, Inc., just paid a dividend of $2.35 per share on its stock. The dividends are expected to grow at a constant rate of 4.1 percent per year, indefinitely. If investors require a return of 10.4 percent on this stock. What is the current price? What will the price be in three years? and in fifteen years?
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