Question: this is a 3 part question Problem 8-16 (similar to) (Common stock valuation) The common stock of NCP paid 5175 in dividends last year Dividends
Problem 8-16 (similar to) (Common stock valuation) The common stock of NCP paid 5175 in dividends last year Dividends are expected to grow at an annual rate of 8 20 percent for an indefinite number of years a. If NCP's current market price is $23. 13 per share what is the stock's expected rate of return? b. your required rate of return is 10 2 bercent what is the value of the stock for you? C. Should you make the investment a. If NCP's current market price is $23.13 per share the stock's expected rate of returis Round to two decimal places)
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