Micro inc will pay a dividend of 230 per share next year


Micro, Inc. will pay a dividend of $2.30 per share next year. Ifthe company plans to increase its dividend by 9 percent per year indefinitely, and you require a 12percent return on your investment, what should you pay for the company's stock?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Micro inc will pay a dividend of 230 per share next year
Reference No:- TGS01555606

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)