The recent dividend payout by ibm was 300 ibms dividends


The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer

A. 30

B. 42

C. 39

D. 35

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Business Economics: The recent dividend payout by ibm was 300 ibms dividends
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