Assume that monsantos last dividend paid yesterday was 440


Assume that Monsanto's last dividend (paid yesterday) was $4.40 per share. You expect dividends to grow at a constant rate of 5.5% per year forever. Investors' required rate of return is 14%. According to the Dividend Discount Model, what should be the price of this stock?

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Financial Management: Assume that monsantos last dividend paid yesterday was 440
Reference No:- TGS01403055

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