Asked by Lala

Nachman Industries just paid a dividend of D0 = $1.75. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the stock’s current market value?
Answered by Anonymous
49.50
Answered by dasdasdas
59.68
There are no AI answers yet. The ability to request AI answers is coming soon!