Stable corporation currently pays a dividend of 050 a share


Stable Corporation currently pays a dividend of $0.50 a share. The firm's dividends are expected to grow at a constant rate of 10% indefinitely. If investors require a 15% return on Stable's stock, at what price should it sell?

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Finance Basics: Stable corporation currently pays a dividend of 050 a share
Reference No:- TGS02880557

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