Corporate FInace Assignment/ Professional Essay Writers

1. Macomb Co just paid a dividend (Do) of $2.16 per share. If the growth rate is at 4.5% and the current required rate of return on the stock is 11.25%, what is the intrinsic (market) price of the stock? Calculate using the discount dividend formula.

a. $25.25.

b. $33.44.

c. $12.89.

d. $46.17.  Get Finance Help Today