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Author Question: The Stock MarketIf a company pays a dividend of $20 to be received one year from now, dividends are ... (Read 146 times)

sc1250

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The Stock Market

If a company pays a dividend of $20 to be received one year from now, dividends are expected to grow at a rate of 7% per year for the indefinite future, and the interest rate is 10%, the price of the company's stock should be ________ per share.
◦ $60.00
◦ $666.67
◦ $340.00
◦ $14.00


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Marked as best answer by sc1250 on Nov 23, 2022

studyforce.com

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sc1250

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it


peter

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Reply 3 on: Yesterday
Gracias!

 

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