question archive Intro A stock just paid an annual dividend of $5
Intro A stock just paid an annual dividend of $5
Subject:FinancePrice: Bought3
Intro A stock just paid an annual dividend of $5.7. The dividend is expected to grow by 2% per year for the next 4 years. In 4 years, the P/E ratio is expected to be 22 and the payout ratio to be 60%. The required rate of return is 8%. Part 1 Attempt 2/5 for 10 pts. What is the intrinsic value of the stock? 206.4282 Try again Try again See solution (-2 pts.)
