Question: step by step formula not excel Question 41 Best Equipment Inc. just paid a dividend of $5.1 per share on its stock. The dividends are

step by step formula not excel

step by step formula not excel Question 41 Best Equipment Inc.

Question 41 Best Equipment Inc. just paid a dividend of $5.1 per share on its stock. The dividends are expected to grow at a constant rate of 9.1% per year indefinitely. If investors require a 15% return on Best Equipment Inc. stock What will the price be in 15 years? (Do not round intermediate calculations. Round the final answers to 2 decimal places

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