Business, 17.07.2019 23:10, enazer

Dragon express inc. just paid a $1.57 dividend and investors expect that dividend to grow by 5% each year forever. if the required return on the stock investment is 14%, what should be the price of the stock today. a. $11.21 b. $17.44 c. $25.37 d. $18.32

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Dragon express inc. just paid a $1.57 dividend and investors expect that dividend to grow by 5% each...