Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
samualson samualson
wrote...
Posts: 2459
5 years ago
Bensen Co. paid a dividend of $5.25 on its common stock yesterday. The company's dividends are expected to grow at a constant rate of 8.5% indefinitely. If the required rate of return on this stock is 15.5%, compute the current value per share of Bensen Co. stock.
A) $81.38
B) $76.43
C) $56.23
D) $43.90
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 52 times
2 Replies
Replies
Answer verified by a subject expert
guzmanguzman
wrote...
Top Poster
Posts: 1067
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

samualson Author
wrote...
5 years ago
Just confirmed the same answer from my friend, thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  873 People Browsing
 101 Signed Up Today
Related Images
  
 159
  
 252
  
 216
Your Opinion

Previous poll results: How often do you eat-out per week?