Suppose that general mills inc pays annual dividend of $3.78. In their most recent earnings call, management states that they are confident that they will be able to steadily increase the firms dividend at a rate of 2.30% for the foreseeable future. assuming an equitu cost of capital of 8.20%. 

What is the value of general mills stock price today.

Answer rating: 100% (QA)

Assuming General Mills Inc can maintain a steady dividend increase of 230 and an equity cost of capi... View the full answer