Dividend of a company A's stock is expected to increase every quarter @ 0.5% and the rate of return of stock is 7% annually and

Question

Dividend of a company A's stock is expected to increase every quarter @ 0.5% and the rate of return of stock is 7% annually and stock is paying dividend of $20 each quarterly. Find out the present worth of stock?

Kunduz · Accepted Answer

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