Question: Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Eonsider a firm that had been priced using an 8 percent growth fate and a to



Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Eonsider a firm that had been priced using an 8 percent growth fate and a to percent required retiun. The firm recently pad a 5 . 65 dividend. The firm just announced that beceuse of a new joint venture. it will likely grow at an 8.5 percert rate. How much should the stock price change (in dollars and percentagel? Note: Round your answers to 2 decimat places. Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Eonsider a firm that had been priced using an 8 percent growth fate and a to percent required retiun. The firm recently pad a 5 . 65 dividend. The firm just announced that beceuse of a new joint venture. it will likely grow at an 8.5 percert rate. How much should the stock price change (in dollars and percentagel? Note: Round your answers to 2 decimat places. Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Eonsider a firm that had been priced using an 8 percent growth fate and a to percent required retiun. The firm recently pad a 5 . 65 dividend. The firm just announced that beceuse of a new joint venture. it will likely grow at an 8.5 percert rate. How much should the stock price change (in dollars and percentagel? Note: Round your answers to 2 decimat places. Problem 8-17 Changes in Growth and Stock Valuation (LG8-5) Eonsider a firm that had been priced using an 8 percent growth fate and a to percent required retiun. The firm recently pad a 5 . 65 dividend. The firm just announced that beceuse of a new joint venture. it will likely grow at an 8.5 percert rate. How much should the stock price change (in dollars and percentagel? Note: Round your answers to 2 decimat places
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