Business
Business, 24.11.2020 17:20, angelinaranee15

Assume the firm's dividend is $3.44 this year, and that the required rate of return for the firm's industry is 10.2%. The firm's dividend will grow by 2.8% each year. What will be the market value of the firm's stock six years from now under the Dividend Discount Model? a. $46/42
b. $40.92
c. $35.94
d. $56.40

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