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Author Question: Wei Companys last dividend was $1.98. The dividend growth rate is expected to be constant at 2% for ... (Read 69 times)

Tiffanyanne824

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on: Aug 7, 2023

Question 1

Upton Company’s last dividend was $1.96. Its dividend growth rate is expected to be constant at 20% for 2 years, after which dividends are expected to grow at a rate of 8% forever. Upton’s required return (rs) is 14%. What is Upton’s current stock price?

◦

$43.32


◦

$43.75


◦

$43.90


◦

$44.26



Question 2

Wei Company’s last dividend was $1.98. The dividend growth rate is expected to be constant at 2% for 2 years, after which dividends are expected to grow at a rate of 9% forever. Wei’s required return (rs) is 13%. What is Wei’s current share price?

◦

$47.05


◦

$47.37


◦

$47.88


◦

$48.10

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Marked as best answer by Tiffanyanne824 on Aug 7, 2023

mgranuc

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Reply #1 on: Aug 7, 2023
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Tiffanyanne824

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Reply 2 on: Aug 7, 2023
Wow, this really help

31809pancho

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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