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> A new common stock issue that paid $1.75 dividend last year. The par value of the stock is $15, and the firms dividends
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A new common stock issue that paid $1.75 dividend last year. The par value of the stock is $15, and the firms dividends
A new common stock issue that paid $1.75 dividend last year. The par value of the stock is $15, and the firms dividends
Posted at:
2014-12-05
use ggm method
m(p)= d(1+g)/ r-g
m(p)=27.64
d=1.75
g=7.6%
answer=14.41%
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