FINANCE- A stock has just paid a dividend has declared an annual dividend
Question # 00125268
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Updated on: 10/27/2015 01:03 PM Due on: 11/26/2015
I could use a hand with this question
A stock has just paid a dividend has declared an annual dividend of $12.00 to be paid one year from today. The dividend is expected to grow at a 7% annual rate. The return on equity for similar stocks is 12%. What is P0?
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Solution: FINANCE- A stock has just paid a dividend has declared an annual dividend