What stock price is anticipated one year from now
Question:
A firm's stock presently sells for $71 per share. The stock just paid a dividend of $2.12. The dividend is anticipated to increase at a constant rate of 5.5% a year. What stock price is anticipated one year from now?
Now Priced at $20 (50% Discount)
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The dividend is anticipated to increase at a constant rate of 5.5% a year. What stock price is anticipated one year from now?
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