Business, 14.04.2020 22:32 clmorcutt420

P. Daves Inc's stock is currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4% per year. The required rate of return on the stock, rs, is 12%. What is Daves' expected price 6 years from now? a. $52.68 b. $55.12 c. $54.41 d. $56.94 e. $53.71

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P. Daves Inc's stock is currently sells for $45 per share. The stock's dividend is projected to incr...

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