1 Anton, Inc., just paid a dividend of $1.95 per share on its stock. The dividen

Question

1 Anton, Inc., just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4.1 percent per year, indefinitely. Assume investors require a return of 10.2 percent on this stock.

What is the current price?

Round your answer to 2 decimal places (e.g., 32.16).)

What will the price be in 3 years and in 15 years

3years?

15 years?

What is the current price?

Round your answer to 2 decimal places (e.g., 32.16).)

What will the price be in 3 years and in 15 years

3years?

15 years?

Explanation / Answer

1 Anton, Inc., just paid a dividend of $1.95 per share on its stock. The dividen

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