Huskie motors just paid an annual dividend of 100 per share


Huskie Motors just paid an annual dividend of $1.00 per share. Management has promised shareholders to increase dividends at a constant rate of 5%. If the required return is 12%, what is the current price per share. Please show work for best comprehension.

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Financial Management: Huskie motors just paid an annual dividend of 100 per share
Reference No:- TGS02146457

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