You are analyzing a company that announced a dividend will be paid today of $1.55. The market
Fantastic news! We've Found the answer you've been seeking!
Question:
You are analyzing a company that announced a dividend will be paid today of $1.55. The market rate of return for the firm is 11% and you have calculated the long-run growth rate of the firm to be 4%. Given this information what do you calculate the price of the stock to be currently? Answer in dollars and cents.
Related Book For
Posted Date: