Help me study by answering this question a stock is just


Help me study by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the stock's expected price 2 years from today?

P2 = P0(1+ g)2

Using the formula you selected above, what is the stock price? P2 = $

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Help me study by answering this question a stock is just
Reference No:- TGS02940751

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)