madhubrindauk5 madhubrindauk5
  • 05-05-2024
  • Business
Answered

Suppose Big M, Inc., just paid a
dividend (D0) of $0.50 per share. It
is expected to increase its dividend
by 2% per year.
If the market requires a return of
15% on assets of this risk, how
much should the stock be selling
for?



Answer :

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