Question: QUESTION 6 10 points Save Answer Sevvens Ltd has just paid a dividend of $1.35. If your required return is 15%, and the company is

 QUESTION 6 10 points Save Answer Sevvens Ltd has just paid

QUESTION 6 10 points Save Answer Sevvens Ltd has just paid a dividend of $1.35. If your required return is 15%, and the company is expected to grow at 5%, what is the expected share price in 3 years? What formula would you use to answer this question? P3 1.35 x 1.054 0.15-0.05 P3 1.35 x 1.053 0.15-0.05 P3 1.35 0.15 -0.05 x 1.053 P3 1.35 x 1.05 0.15 -0.05 x 1.153

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