Finance Assignment | Professional Writing
May 30th, 2020
Company A has a current stock price of $112 and is expected to pay a $0.18 dividend in one year. The equity cost of capital is 9%.
What price would its stock be expected to sell for immediately after it pays the dividend? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer.”
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