question archive Intro A stock just paid an annual dividend of $72
Intro A stock just paid an annual dividend of $72
Subject:FinancePrice: Bought3
Intro A stock just paid an annual dividend of $72. The dividend is expected to grow by 3% 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% IB Attempt 1/5 for 10 pts Part 1 What is the intrinsic value of the stock? + decimals Submit
