nted dividend rn remains a

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter9: Stocks And Their Valuation
Section: Chapter Questions
Problem 5TCL
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5. Q4: John has just received a dividend of £5 per share of a stock whose the market price is £150.
According to the discounted dividend model, what is the estimated selling price after 1 year if
the required rate of return remains at the same rate of 8% over the year? *
O
O
17
0
15
5
17
5
15
7
Transcribed Image Text:5. Q4: John has just received a dividend of £5 per share of a stock whose the market price is £150. According to the discounted dividend model, what is the estimated selling price after 1 year if the required rate of return remains at the same rate of 8% over the year? * O O 17 0 15 5 17 5 15 7
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