The company is expected to pay its dividend today of 126


The company is expected to pay its dividend today of $1.26. One year ago they paid a dividend of $1.20. You expect dividends to continue to grow constantly at the same rate as the past year. You discount this stock at a rate of 11%. What is your assessment of the stock’s price today according to the dividend growth model?

a. $22.05

b. $32.17

c. $24.86

d. $26.15

e. $20.84

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The company is expected to pay its dividend today of 126
Reference No:- TGS01092588

Expected delivery within 24 Hours