You own stock in Bungee Technology Inc. The stock just paid a dividend of $150.00. Dividends are paid quarterly. You expect dividends to grow at a rate of 1.82% on a quarterly basis. The required return on the stock on a quarterly basis is 4.74%. Please round dollar amounts to the nearest penny.

The current ex dividend price of the stock is?

2. The price of the stock just before it went ex dividend is?

Answer rating: 100% (QA)

To calculate the stock price using the Gordon Growth Model we can use the ... View the full answer