A firm just paid $2.00 on its ordinary shares and expects to continue paying dividends,which are expected to grow 5% each year,from now to infinity.If the required rate of return for this share is 9%,then the value of the share is

Question

Quizplus · Accepted Answer

The Answer of A firm just paid $2.00 on its ordinary shares and expects to continue paying dividends,which are expected to grow 5% each year,from now to infinity.If the required rate of return for this share is 9%,then the value of the share is

A Firm Just Paid $2