Business, 05.07.2020 01:01, TheMadScientist8575

Womack Toy Company’s stock is currently trading at $25 per share. The stock’s dividend is projected to increase at a constant rate of 7 percent per year. The required rate of return on the stock, ks, is 10 percent. What is the expected price of the stock 4 years from today?

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Womack Toy Company’s stock is currently trading at $25 per share. The stock’s dividend is projected...