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natima [27]
3 years ago
7

A share of common stock just paid a dividend of $1.00. if the expected long-run growth rate for this stock is 5.4%, and if inves

tors' required rate of return is 11.4%, what is the stock price? 1. $16.28 2. $16.70 3. $17.13 4. $17.57 5. $18.01
Business
1 answer:
solong [7]3 years ago
7 0
It's 16.282. ok I don't think for sure though
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