32. IBIS Corporation has had dividends grow from $2.50 per share to $6.00 per share over...

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32. IBIS Corporation has had dividends grow from $2.50 per share to $6.00 per share over the last 10 years (the $6.00 per sha

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Price = D1/(ke-g) = $45.00 (6/2.5)^(1/10)-1 6*1.0915 D1 = ke-8 = Expected rate of return = ke = $6.55 14.55% 23.70% 1 [ 9.15%

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32. IBIS Corporation has had dividends grow from $2.50 per share to $6.00 per share over...

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32. IBIS Corporation has had dividends grow from $2.50 per share to $6.00 per share over...

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