question archive You are evaluating a stock that just paid a dividend of $3
You are evaluating a stock that just paid a dividend of $3
Subject:FinancePrice: Bought3
You are evaluating a stock that just paid a dividend of $3.9. Dividends are expected to grow at a constant rate of 5.1% for long time into the future. The required rate of return on the stock is 12.4%. What is the value of this stock?
