River street inc currently pays a dividend of 250 per share


River Street, Inc. currently pays a dividend of $2.50 per share. The firm’s cost of equity capital is 10%, and dividends are expected to grow at 6% per year for the foreseeable future (i.e. forever). Based on this information, what is the value of the firm’s stock today? What is the value in five years?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: River street inc currently pays a dividend of 250 per share
Reference No:- TGS02158235

Expected delivery within 24 Hours