Teal corp has been having trouble the last dividend was 281


Teal Corp. has been having trouble. The last dividend was $2.81, and it's projected to fall 4% per year indefinitely.

If the required return is 6%, what is Teal Corp.'s stock price? Teal Corp.'s stock price is $. (Round to the nearest cent.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Teal corp has been having trouble the last dividend was 281
Reference No:- TGS02819771

Expected delivery within 24 Hours