haileygrace5519 haileygrace5519

16-03-2020
Business

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Woidtke Manufacturing’s stock currently sells for $22 a share. The stock just paid a dividend of $1.20 a share (i.e., D0 5 $1.20), and the dividend is expected to grow forever at a constant rate of 10% a year. What stock price is expected 1 year from now?

Respuesta :

hamzafarooqi188 hamzafarooqi188

20-03-2020

Answer:

Stock price expected 1 year from now is 24.17

Explanation:

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