Homework answers / question archive / The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent

The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent

Finance

Share With

The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent. The last annual dividend was $.60 a share. What is the current price of this stock?

$15.60

$15.00

$7.50

$7.80

$10.00