help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The next year the common stock of Silver Corp

The next year the common stock of Silver Corp

Finance

The next year the common stock of Silver Corp. will pay a dividend of $9.65 per share If the company is growing at a rate of 4.69 percent per year, and your required rate of return is 10.39 percent, what is Silver's company stock worth to you?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Computation of Current Stock Price:

Current Stock Price = Dividend for Next Year/(Required Rate of Return - Growth Rate)

= $9.65 / (10.39%-4.69%)

Current Stock Price = $169.30

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)