"hey guys, so Ive been working really hard on my grades and ive pulled them up high enough to get on the honor role !'
Based on the dividend paid, the dividend growth rate, and the required return, the price of the stock is $51.20
<h3>What is the price of the stock?</h3>
This can be solved by the Gordon Growth Model:
Price of stock = Next dividend / (Required return - growth rate)
Solving gives:
= (3.20 x 1.04) / (0.105 - 0.04)
= 3.328 / 0.065
= $51.20
Question is:
Find the price of the stock
Find out more on the Gordon Growth Model at brainly.com/question/18760464
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Answer:
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Nah there is nothing like that abd dont even believe
Answer: I don’t know the song but I’ll check it out!
Explanation:Have a great day!✌