In an advertisement for Dow bathroom cleaner, animated, talking scrubbing bubbles are used to show how hard the bubbles work to
1 answer:
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Answer:
The answer is $15,656
Explanation:
Formular: P = D *
P represent estimated stock price or value = ?
D represent last dividend paid = $152
k represent discount rate = 0.04
g represent growth rate = 0.03
Using the fomular above; P = $152 *
P = $152 *
P = $152 * 103 = $15,656
:. The fundamental value of the stock market would be $15,656