question archive Assume Highline Company has just paid an annual dividend of $1
Assume Highline Company has just paid an annual dividend of $1
Subject:FinancePrice: Bought3
Assume Highline Company has just paid an annual dividend of
$1.09.
Analysts are predicting an
10.3%
per year growth rate in earnings over the next five years. After? then, Highline's earnings are expected to grow at the current industry average of
5.2%
per year. If? Highline's equity cost of capital is
8.1%
per year and its dividend payout ratio remains? constant, for what price does the? dividend-discount model predict Highline stock should? sell?
