A company is expected to pay a dividend of 150 per share


A company is expected to pay a dividend of $1.50 per share next year. The dividends are expected to grow at 2.5% per year indefinitely. If the required return on similar investments is 5%, what is the current price of the stock?

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Financial Management: A company is expected to pay a dividend of 150 per share
Reference No:- TGS01411610

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