A company has just paid a dividend of 36 its discount rate


A company has just paid a dividend of 3.6$. Its discount rate is 8.9%, and the expected perpetual growth rate is 5%. What would you expect to be the stock's price IN ONE YEAR? Round your answer to the nearest cent.

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Financial Management: A company has just paid a dividend of 36 its discount rate
Reference No:- TGS01406993

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