Waller Co. paid a $0.141 dividend per share in 2000, which grew to $0.297 in 2012. This growth is expected to continue.
What is the value of this stock at the beginning of 2013 when the required return is 14.1 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)
DATA IS FOR 13 YEARS FROM 2000 TO 2012, SO NUMBER OF YEARS OF GROWTH = 12
Get Answers For Free
Most questions answered within 1 hours.