How much are you willing to pay for one share of this stock


Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.80 a share. The company has promised to maintain a constant dividend.

How much are you willing to pay for one share of this stock if you want to earn a 10.40 percent return on your equity investments?

Solution Preview :

Prepared by a verified Expert
Financial Management: How much are you willing to pay for one share of this stock
Reference No:- TGS02763652

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)