Asked by rb

Kilsheimer Company just paid a dividend of $ 4 per share. Future dividends are expected to grow at a constant rate of 6% per year. What is the value of the stock if the required return is 12 %?
Answered by DIONNE
WHICH SECTOR OF THE ECONOMY HAS TYPICALLY BEEN A NET SAVER (MADE UP OF SURPLUS UNITS), HOUSEHOLDS, GOVERNMENT, OR BUSINESS
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