Share Price Assignment | Homework For You
February 13th, 2020
A firm projects a growth rate of 5%. Its dividends next period will be $2.4 per share. Investors expect a 12% rate of return on the stock. What price do you expect the firm’s shares to sell for in 4 years?
A. $53.96
B. $44.95
C. $41.68
D. $39.76. Get Finance homework help today