willjean1891 willjean1891
  • 15-04-2024
  • Business
contestada

What is a fair price for a share of stock that is expected to pay a $3.40 dividend next year, growing at 1% annually, if I require a 10% return on investment?
A) $34.00
B) $33.00
C) $32.00
D) $31.00

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