leannaadrian
19.11.2019 •
Business
Harry corporation's common stock currently sells for $179.85 per share. harry paid a dividend of $10.18 yesterday, and dividends are expected to grow at a constant rate of 6 percent forever. if the required rate of return is 12 percent, what will harry corporation's stock sell for one year from now, immediately after it pays its next dividend
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Ответ:
$190.64
Explanation:
In this question, we apply the Gordon model which is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Current year dividend
For one year
= $10.18 + $10.18 × 6%
= $10.18 + 0.6108
= $10.7908
For next year
= $10.7908 + $10.7908 × 6%
= $10.7908 + 0.647448
= 11.438248
The other items rate would remain same
Now put these values to the above formula
So, the value would equal to
= 11.438248 ÷ (12% - 6%)
= $190.64
Ответ:
i beat that p so good he was robbin
Explanation: