Homework Question Help

User Generated

Ryyrel

Business Finance

Description

A share of common stock has just paid a dividend of $2. If the expected long run growth rate for this stock is 15%, and if investors require a 19% rate of return, what is the price of the stock?

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Thank you for the opportunity to help you with your question!

Answer : $ 57.50

-------------------------------------------

Please find the solution enclosed here with. In case of any doubt please feel free to ask … If you need help in any assignment of math/ science … any online exam / discussion, Please contact for quick & quality services.


Anonymous
Really helped me to better understand my coursework. Super recommended.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags