Suppose you buy a stock that paid a dividend this year of 4, Financial Management

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Suppose you buy a stock that paid a dividend this year of 4

Suppose you buy a stock that paid a dividend this year of $4. This firm's dividends are not expected to grow at any point in time. Investors' required rate of return for this stock is 12%. How much is this stock worth?

a. $50.00

b. $53.00

c. $33.33

d. $59.44

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Financial Management: Suppose you buy a stock that paid a dividend this year of 4

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Financial Management: Suppose you buy a stock that paid a dividend this year of 4

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