It would be great if you could show the steps (not on excel) for better...
70.2K
Verified Solution
Link Copied!
Question
Finance
It would be great if you could show the steps (not on excel) for better understanding! Thank You!
The risk-free rate is 1.72% and the market risk premium is 5.25%. A stock with a of 1.63 just paid a dividend of $2.36. The dividend is expected to grow at 22.15% for three years and then grow at 3.19% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
