Answered You can hire a professional tutor to get the answer.

QUESTION

What would the approximate price of a stock be if an average investor requires a return of 14% for an average stock, junk bonds are yielding 22% and...

What would the approximate price of a stock be if an average investor requires a return of 14% for an average stock, junk bonds are yielding 22% and 3 month T-Bills are yielding just 4.5%. This stock just paid a dividend of $2.50 (annual basis). The growth rate associated with this stock is 4% and this rate is forecast to continue.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question