Anton inc just paid a dividend of 255 per share on its, Ask an Expert

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Anton, Inc., just paid a dividend of $2.55 per share on its stock. The dividends are expected to grow at a constant rate of 5.5 percent per year, indefinitely. Assume investors require a return of 11 percent on this stock.

Requirement 1:

What is the current price?

requirement 2:

What will the price be in three years and in fifteen years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91557348

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