Prisma Inc. paid a dividend of 1.5 TL today. The company will pay dividends of TL 1.8, TL 2 and TL 2.2 in the next three years. Three years later, company executives expect the dividend growth rate to be 6%. If the company's cost of capital is 20%. What is the price of a stock?

Answer rating: 100% (QA)

Answer To calculate the stock price we need to use the dividend discount model DDM which is Stock pr... View the full answer