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Author Question: Royal Bank common shares pay dividends annually. They just paid a $1.50 dividend. Stock holders ... (Read 80 times)

yoroshambo

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Royal Bank common shares pay dividends annually. They just paid a $1.50 dividend. Stock holders require a return of 12%. Royal is expected to continue paying dividends that will grow at 3.5% per annum in perpetuity. What is the fair price of a share of Royal Bank stock?
◦ $18.26
◦ $12.50
◦ $17.65
◦ $18.90
◦ $16.72


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Marked as best answer by yoroshambo on Apr 25, 2021

Alyson.hiatt@yahoo.com

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yoroshambo

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Reply 2 on: Apr 25, 2021
Excellent


xthemafja

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Reply 3 on: Yesterday
:D TYSM

 

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