If its required return is 14 what is the stocks expected


Valuation of a constant growth stock

A stock is expected to pay a dividend of $2.25 at the end of the year (D1 = $2.25) it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the stock's expected price 2 years from today?

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Financial Management: If its required return is 14 what is the stocks expected
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