A company has just paid a dividend of 41 its discount rate


A company has just paid a dividend of 4.1$. Its discount rate is 9.9%, and the expected perpetual growth rate is 3.8%. 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 41 its discount rate
Reference No:- TGS01407025

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