Symantec does not currently pay a dividend however in 4, Ask an Expert

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Symantec does not currently pay a dividend, however, in 4 years you expect they will pay their first dividend and it will be $2.50 per share. The dividend is expected to grow at a rate of 5% and investors’ required rate of return for Symantec stock is 10% per year. What should be the price of Symantec stock today?

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Financial Management, Finance

Category:- Financial Management
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