At what price per share should the ohm stock sell


Stock Valuation-Finite Periods. The Ohm Company paid a $2.50 dividend per share at the end of the year. The dividend is expected to grow by 10 percent each year for the next 3 years, and the stock's market price per share is expected to be $50 at the end of the third year. Investors require a rate of return of 14 percent. At what price per share should the Ohm stock sell?

Solution Preview :

Prepared by a verified Expert
Finance Basics: At what price per share should the ohm stock sell
Reference No:- TGS0679376

Now Priced at $5 (50% Discount)

Recommended (94%)

Rated (4.6/5)