The bermuda triangle store pays a constant dividend last


The Bermuda Triangle Store pays a constant dividend. Last year, the dividend yield was 5.4 percent when the stock was selling for $15 a share. What must the stock price be today if the market currently requires a 3.8 percent dividend yield on this stock?

Solution Preview :

Prepared by a verified Expert
Finance Basics: The bermuda triangle store pays a constant dividend last
Reference No:- TGS01733958

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)