Business
Business, 02.11.2020 16:30, nana55959

Sky High Co. just paid a dividend of $4.9 per share on its stock (D0). The dividends are expected to grow at a constant rate of 2 percent per year indefinitely. If investors require an 14.9 percent return on Sky High Co. stock, the stock price in 5 years should be $ . Round it to two decimal places, and do not include the $ sign, e. g., 23.56.

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Sky High Co. just paid a dividend of $4.9 per share on its stock (D0). The dividends are expected to...

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