Question about current stock price


Company Z's earnings and dividends per share are expected to grow indefinitely by 5% a year. If next year's dividend is $10 and the market capitalization rate is 8%, what is the current stock price?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Question about current stock price
Reference No:- TGS0676185

Now Priced at $5 (50% Discount)

Recommended (93%)

Rated (4.5/5)