Find current price of stock if required return is given


The ABC Corporation has just paid a dividend of $5 per share. The dividend of this company grows at a steady rate of 6 percent per year. How do you calculate what the dividend will be in five years and what the current price of this stock if required return is 10 percent?

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Finance Basics: Find current price of stock if required return is given
Reference No:- TGS0676858

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