Upper crust bakers just paid an annual dividend of 280 a, Financial Management

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Upper crust bakers just paid an annual dividend of 280 a

Upper Crust Bakers just paid an annual dividend of $2.80 a share on its common stock and is expected to increase that dividend by 4 percent per year for the foreseeable future. If the discount rate on Upper Crust is 11.50 percent, what is the current price of the stock?

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Financial Management: Upper crust bakers just paid an annual dividend of 280 a

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Financial Management: Upper crust bakers just paid an annual dividend of 280 a

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