SlideShare a Scribd company logo
1 of 1
Download to read offline
Current Stock price = Expected dividend / (Required rate of return - Growth rate)
= $2.54 / (11% - 3.50%)
= $2.54 / 7.50%
= $33.87
Current Stock price is $33.87.
Solution
Current Stock price = Expected dividend / (Required rate of return - Growth rate)
= $2.54 / (11% - 3.50%)
= $2.54 / 7.50%
= $33.87
Current Stock price is $33.87.

More Related Content

More from anupamele

mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf
                     mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf                     mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf
mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdfanupamele
 
millimoles of HBr=500.04=2 millimoles of KOH=25.pdf
                     millimoles of HBr=500.04=2 millimoles of KOH=25.pdf                     millimoles of HBr=500.04=2 millimoles of KOH=25.pdf
millimoles of HBr=500.04=2 millimoles of KOH=25.pdfanupamele
 
initially 2 moles of HCl per L of water suppose x.pdf
                     initially 2 moles of HCl per L of water suppose x.pdf                     initially 2 moles of HCl per L of water suppose x.pdf
initially 2 moles of HCl per L of water suppose x.pdfanupamele
 
i cant see the question.. please post the complet.pdf
                     i cant see the question.. please post the complet.pdf                     i cant see the question.. please post the complet.pdf
i cant see the question.. please post the complet.pdfanupamele
 
hey pls give the reactions.... .pdf
                     hey pls give the reactions....                   .pdf                     hey pls give the reactions....                   .pdf
hey pls give the reactions.... .pdfanupamele
 
FT-Raman spectra of some calcium phosphates, calc.pdf
                     FT-Raman spectra of some calcium phosphates, calc.pdf                     FT-Raman spectra of some calcium phosphates, calc.pdf
FT-Raman spectra of some calcium phosphates, calc.pdfanupamele
 
H is oxidised here no O2 is not oxidised as it g.pdf
                     H is oxidised here  no O2 is not oxidised as it g.pdf                     H is oxidised here  no O2 is not oxidised as it g.pdf
H is oxidised here no O2 is not oxidised as it g.pdfanupamele
 
YES the news stories in the Illustrated American sympathetic or non-.pdf
YES the news stories in the Illustrated American sympathetic or non-.pdfYES the news stories in the Illustrated American sympathetic or non-.pdf
YES the news stories in the Illustrated American sympathetic or non-.pdfanupamele
 
Well its quite an easy one. The given curve is a cardioid. The limit.pdf
Well its quite an easy one. The given curve is a cardioid. The limit.pdfWell its quite an easy one. The given curve is a cardioid. The limit.pdf
Well its quite an easy one. The given curve is a cardioid. The limit.pdfanupamele
 
Total ionic Equation is 2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdf
Total ionic Equation is  2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdfTotal ionic Equation is  2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdf
Total ionic Equation is 2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdfanupamele
 
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdf
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdfAnswerSOCS are the supressor of cytokine signaling proteins and a.pdf
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdfanupamele
 
The pre-mRNA is converted into mature mRNA by modifications known as.pdf
The pre-mRNA is converted into mature mRNA by modifications known as.pdfThe pre-mRNA is converted into mature mRNA by modifications known as.pdf
The pre-mRNA is converted into mature mRNA by modifications known as.pdfanupamele
 
CH3CH2OH will have high boiling point becauseof t.pdf
                     CH3CH2OH will have high boiling point becauseof t.pdf                     CH3CH2OH will have high boiling point becauseof t.pdf
CH3CH2OH will have high boiling point becauseof t.pdfanupamele
 
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdf
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdfSO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdf
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdfanupamele
 
Tested on EclipseEquivalence.java.pdf
Tested on EclipseEquivalence.java.pdfTested on EclipseEquivalence.java.pdf
Tested on EclipseEquivalence.java.pdfanupamele
 
Psychotherapy is the utilization of mental techniques, especially wh.pdf
Psychotherapy is the utilization of mental techniques, especially wh.pdfPsychotherapy is the utilization of mental techniques, especially wh.pdf
Psychotherapy is the utilization of mental techniques, especially wh.pdfanupamele
 
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdf
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdflet E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdf
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdfanupamele
 
import java.util.ArrayList; import java.util.List;public class S.pdf
import java.util.ArrayList; import java.util.List;public class S.pdfimport java.util.ArrayList; import java.util.List;public class S.pdf
import java.util.ArrayList; import java.util.List;public class S.pdfanupamele
 
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdf
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdfHeterotrophic bacteria is not able to lead the planktonic way of lif.pdf
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdfanupamele
 
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdf
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdfA. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdf
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdfanupamele
 

More from anupamele (20)

mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf
                     mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf                     mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf
mole of NaOH= 1240 =0.3 so molarity = 0.31.8 = .pdf
 
millimoles of HBr=500.04=2 millimoles of KOH=25.pdf
                     millimoles of HBr=500.04=2 millimoles of KOH=25.pdf                     millimoles of HBr=500.04=2 millimoles of KOH=25.pdf
millimoles of HBr=500.04=2 millimoles of KOH=25.pdf
 
initially 2 moles of HCl per L of water suppose x.pdf
                     initially 2 moles of HCl per L of water suppose x.pdf                     initially 2 moles of HCl per L of water suppose x.pdf
initially 2 moles of HCl per L of water suppose x.pdf
 
i cant see the question.. please post the complet.pdf
                     i cant see the question.. please post the complet.pdf                     i cant see the question.. please post the complet.pdf
i cant see the question.. please post the complet.pdf
 
hey pls give the reactions.... .pdf
                     hey pls give the reactions....                   .pdf                     hey pls give the reactions....                   .pdf
hey pls give the reactions.... .pdf
 
FT-Raman spectra of some calcium phosphates, calc.pdf
                     FT-Raman spectra of some calcium phosphates, calc.pdf                     FT-Raman spectra of some calcium phosphates, calc.pdf
FT-Raman spectra of some calcium phosphates, calc.pdf
 
H is oxidised here no O2 is not oxidised as it g.pdf
                     H is oxidised here  no O2 is not oxidised as it g.pdf                     H is oxidised here  no O2 is not oxidised as it g.pdf
H is oxidised here no O2 is not oxidised as it g.pdf
 
YES the news stories in the Illustrated American sympathetic or non-.pdf
YES the news stories in the Illustrated American sympathetic or non-.pdfYES the news stories in the Illustrated American sympathetic or non-.pdf
YES the news stories in the Illustrated American sympathetic or non-.pdf
 
Well its quite an easy one. The given curve is a cardioid. The limit.pdf
Well its quite an easy one. The given curve is a cardioid. The limit.pdfWell its quite an easy one. The given curve is a cardioid. The limit.pdf
Well its quite an easy one. The given curve is a cardioid. The limit.pdf
 
Total ionic Equation is 2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdf
Total ionic Equation is  2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdfTotal ionic Equation is  2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdf
Total ionic Equation is 2Cu2+ +4 Cl - + 4H+ +SO42- --- Cu2SiO4+ 4.pdf
 
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdf
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdfAnswerSOCS are the supressor of cytokine signaling proteins and a.pdf
AnswerSOCS are the supressor of cytokine signaling proteins and a.pdf
 
The pre-mRNA is converted into mature mRNA by modifications known as.pdf
The pre-mRNA is converted into mature mRNA by modifications known as.pdfThe pre-mRNA is converted into mature mRNA by modifications known as.pdf
The pre-mRNA is converted into mature mRNA by modifications known as.pdf
 
CH3CH2OH will have high boiling point becauseof t.pdf
                     CH3CH2OH will have high boiling point becauseof t.pdf                     CH3CH2OH will have high boiling point becauseof t.pdf
CH3CH2OH will have high boiling point becauseof t.pdf
 
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdf
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdfSO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdf
SO4 would have isolated (unlinked) tetrahedra that are all oxygen an.pdf
 
Tested on EclipseEquivalence.java.pdf
Tested on EclipseEquivalence.java.pdfTested on EclipseEquivalence.java.pdf
Tested on EclipseEquivalence.java.pdf
 
Psychotherapy is the utilization of mental techniques, especially wh.pdf
Psychotherapy is the utilization of mental techniques, especially wh.pdfPsychotherapy is the utilization of mental techniques, especially wh.pdf
Psychotherapy is the utilization of mental techniques, especially wh.pdf
 
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdf
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdflet E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdf
let E0 be giventhere exists d1,d2 0 such thatf(x)-L E for 0.pdf
 
import java.util.ArrayList; import java.util.List;public class S.pdf
import java.util.ArrayList; import java.util.List;public class S.pdfimport java.util.ArrayList; import java.util.List;public class S.pdf
import java.util.ArrayList; import java.util.List;public class S.pdf
 
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdf
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdfHeterotrophic bacteria is not able to lead the planktonic way of lif.pdf
Heterotrophic bacteria is not able to lead the planktonic way of lif.pdf
 
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdf
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdfA. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdf
A. Partial orderB.eqivalence relationC.neitherSolutionA. P.pdf
 

Recently uploaded

Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptx21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptxJoelynRubio1
 
Model Attribute _rec_name in the Odoo 17
Model Attribute _rec_name in the Odoo 17Model Attribute _rec_name in the Odoo 17
Model Attribute _rec_name in the Odoo 17Celine George
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfDr Vijay Vishwakarma
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptNishitharanjan Rout
 
Economic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesEconomic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesSHIVANANDaRV
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use CasesTechSoup
 
PANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptxPANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptxakanksha16arora
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxCeline George
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024Elizabeth Walsh
 
Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111GangaMaiya1
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - Englishneillewis46
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
What is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxWhat is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxCeline George
 
How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17Celine George
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxDr. Ravikiran H M Gowda
 
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfFICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfPondicherry University
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsSandeep D Chaudhary
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxJisc
 

Recently uploaded (20)

Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptx21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptx
 
Model Attribute _rec_name in the Odoo 17
Model Attribute _rec_name in the Odoo 17Model Attribute _rec_name in the Odoo 17
Model Attribute _rec_name in the Odoo 17
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.ppt
 
Economic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesEconomic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food Additives
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use Cases
 
PANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptxPANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptx
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111Details on CBSE Compartment Exam.pptx1111
Details on CBSE Compartment Exam.pptx1111
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
What is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxWhat is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptx
 
How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17How to Manage Call for Tendor in Odoo 17
How to Manage Call for Tendor in Odoo 17
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfFICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
OS-operating systems- ch05 (CPU Scheduling) ...
OS-operating systems- ch05 (CPU Scheduling) ...OS-operating systems- ch05 (CPU Scheduling) ...
OS-operating systems- ch05 (CPU Scheduling) ...
 

Current Stock price = Expected dividend (Required rate of return -.pdf

  • 1. Current Stock price = Expected dividend / (Required rate of return - Growth rate) = $2.54 / (11% - 3.50%) = $2.54 / 7.50% = $33.87 Current Stock price is $33.87. Solution Current Stock price = Expected dividend / (Required rate of return - Growth rate) = $2.54 / (11% - 3.50%) = $2.54 / 7.50% = $33.87 Current Stock price is $33.87.