Ask a New Question

Anderson Inc.’s current dividend is $2.40 per share. The dividend is expected to grow at a rate of 6 percent per year. The risk free rate is 5 percent and the return on the market is 9 percent. If the company’s beta is 1.3, what is the price of the stock today?

Ask a New Question or answer this question.

Similar Questions

(Dividend discount Model) Assume RHM is expected to pay a total cash dividend of $56.60 next year and its dividends are expected
1. 0 answers
Polycorp has a current dividend of $5.00 due tomorrow and is expected to pay a dividend $5.50 at the end of the first year. Its
1. 0 answers
Polycorp has a current dividend of $5.00 due tomorrow and is expected to pay a dividend $5.50 at the end of the first year. Its
1. 1 answer
Faulkner Corporation expects to pay an end-of-year dividend, D1, of $1.50 per share. For the next two years the dividend is
1. 1 answer

more similar questions