assume that the average firm in your company\'s industry is expected to grow at

Question

assume that the average firm in your company's industry is expected to grow at a constant rate of 6% and its dividend yield is 7%. Your company is about as risky as the average firm in the industry, but it has just successfully completed some R&D work that leads you to expect that its earnings and dividends will grow at a rate of 50% this year and 25% the following year, after which growth should match the 6% industry rate. The last dividend paid was $1. What is the value per share of your firm's stock?

Explanation / Answer

odnsffffffffffffffffff

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.