You are considering buying a stock that will pay a dividend of $3.33 in one year. The dividend is expected to grow by 3.32% every year, forever. How much will you be willing to pay for the stock today if your required return is 7.94%?

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07-06-2024
Business

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You are considering buying a stock that will pay a dividend of $3.33 in one year. The dividend is expected to grow by 3.32% every year, forever. How much will you be willing to pay for the stock today if your required return is 7.94%?

Sagot :

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