Revelation co just paid its annual dividend of 3 per share


Question :

Revelation Co. just paid its annual dividend of $3 per share. The company has been reducing the dividends by 7.9 percent each year.

How much are you willing to pay today to purchase stock in this company if your required rate of return is 12 percent?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Revelation co just paid its annual dividend of 3 per share
Reference No:- TGS02865942

Expected delivery within 24 Hours