Sarfraz inc currently has a stock price of 20 a share the


Sarfraz Inc. currently has a stock price of $20 a share. The stock’s year-end dividend is expected to be $2 a share (i.e., D1 = $2.00). The stock’s required rate of return is 15% and the stock’s dividend is expected to grow at the same constant rate forever. What is the expected price of the stock seven years from now?

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Financial Management: Sarfraz inc currently has a stock price of 20 a share the
Reference No:- TGS01700559

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