Calculate the estimated value of the stock


A stock has the required rate of return at 16%. The most recent divident paid is $2.00 and the expected dividend growth rate is 10%. The first dividend expected to pay $2.20 at the end of the year. What's the estimated value of the stock? If the current trading price of the stock on the stock market is $22.28 per share, what recommedation should we give to the stock?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculate the estimated value of the stock
Reference No:- TGS0726830

Expected delivery within 24 Hours