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
#SPJ1
I'm guessing it's "low". For Listia, right?
B. On test day, you will record your responses to the tests on your answer document. After testing is completed, your test coordinator will send your answer document to ACT. Score reports will normally be mailed about 2–8 weeks after they receive your answer document.
Answer:
Explanation: What is the job of researchers in the Astronaut Microbiome Project?
