Nielson motors has a share price of 50 its dividend was


Nielson motors has a share price of $50. its dividend was $2.50 and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity.

if nielson equity cost of capital is 13% then nielson expected share price is closest to

 a)19.23

b)37.86

C 35.71

50

 

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Financial Accounting: Nielson motors has a share price of 50 its dividend was
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