show calculation and formula Question 21 3 pts What should be the current price...

80.2K

Verified Solution

Question

Finance

image

show calculation and formula

Question 21 3 pts What should be the current price of a stock if the expected dividend is $6, the stock has a required return of 20%, and a constant dividend growth rate of 6%? Enter your answer as a number with 2 decimals and without $ sign. Question 22 4 pts What is the expected constant-growth rate of dividends for a stock currently priced at $60, thot just paid a dividend of $4, and has a required return of 18%? Enter your answer on a number with 4 decimals

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students