The last dividend on riverhawk corporations common stock


The last dividend on Riverhawk Corporation's common stock was $5.50, and the expected constant growth rate is 10 percent. If you require a rate of return of 20 percent, what is the highest price you should be willing to pay for this stock?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: The last dividend on riverhawk corporations common stock
Reference No:- TGS02576943

Now Priced at $15 (50% Discount)

Recommended (91%)

Rated (4.3/5)