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    cynzast's Avatar
    cynzast Posts: 1, Reputation: 1
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    #1

    Jan 29, 2010, 02:57 PM
    Constant growth valuation
    Harrison clothier’s stock currently sells for $20 a share. It just paid a dividend of $1.00 (that is Do = $1.00) The divident is expected to grow at a constant rate of 6 percent a year. What stock price is expected 1 year from now. What is the required rate of return?
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    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jan 29, 2010, 11:57 PM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
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