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Author Question: OwenInc has a current stock price of $14.50 and is expected to pay a $0.85 dividend in one year. If ... (Read 89 times)

Mr3Hunna

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OwenInc has a current stock price of $14.50 and is expected to pay a $0.85 dividend in one year. If OwenInc's equity cost of capital is 12%, what price would OwenInc's stock be expected to sell for immediately after it pays the dividend?
◦ $15.29
◦ $15.39
◦ $13.65
◦ $12.18


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Marked as best answer by Mr3Hunna on Jul 9, 2019

jlaineee

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Mr3Hunna

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Reply 2 on: Jul 9, 2019
Great answer, keep it coming :)


coreycathey

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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