A company has two million shares outstanding it paid a, Ask an Expert

Management Studies

A company has two million shares outstanding. It paid a dividend of $2 during the past year, and expects that dividend will grow at 6 percent annually in the future. Stockholders require a rate of return of 13 percent. What would you expect the price of each share to be today, and what is the value of the company's common stock?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91676086

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