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Question 2: What is the current stock price of Slack Inc.that will pay its first yearly...

Question 2: What is the current stock price of Slack Inc.that will pay its first yearly dividends of $3.00 in year 5, which will then grow for another 30 years at 8% per year, after which it will grow at 4% forever? The required rate of return on the stock is 13%.

A. 32.41

B.32.59

C. 627.65

D. 83.48

E. 53.62

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Answer #1

Thus the answer will be B)

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