Business
Business, 14.07.2019 04:00, iamhayls

The stock of robotic atlanta inc. is trading at $ 37.96 per share. in the past, the firm has paid a constant dividend (i. e., g = 0) of $ 5.56 per share and it has just paid an annual dividend (i. e., d0 = 5.56 ). however, the company will announce today new investments that the market did not know about. it is expected that with these new investments, the dividends will grow at 4.0 % forever. assuming that the discount rate remains the same, what will be the price of the stock after the announcement? (round your answer to 2 decimal places and record your answer without dollar sign or commas).

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The stock of robotic atlanta inc. is trading at $ 37.96 per share. in the past, the firm has paid a...

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