It has maintained a dividend growth rate of 7 in the past


America Inc. paid a dividend of $2.50 recently. It has maintained a dividend growth rate of 7% in the past and expects to maintain that indefinitely. How much is the stock worth if you want 12% rate of return?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: It has maintained a dividend growth rate of 7 in the past
Reference No:- TGS02492566

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)