jolear03 jolear03
  • 01-05-2024
  • Business
Answered

The price of DDS Corporation stock is expected to be $45 in 5 years. Dividends
are anticipated to increase at an annual rate of 10 percent from the most recent
dividend of $1.00. If your required rate of return is 15 percent, how much are you
willing to pay for DDS stock?



Answer :

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