Question

moriband corp. paid a dividend of $2.15 yesterday. the company’s dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. if investors in stocks of companies like moriband require a rate of return of 15 percent, what should be the market price of moriband stock?

Answer 1

The present market price of Moribund stock stands at $22.58.

What is market price?

• Market value is another term for current price. It is the most recent price at which a share of stock or other security was traded. The current price serves as a baseline in an open market.

• The market price is the current cost of purchasing or selling an asset or service. The details of supply and demand decide the market price of an investment or assistance.

• The market price is the price at which quantity supplied equals quantity demanded.

• The market price is the price that exists on a specific day or at a specific time. It is the result of market supply and demand. Normal prices, on the other hand, are the result of long-term demand and supply.

To learn more about market price, refer to:

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