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The next year the common stock of Gold Corp. will pay a dividend of $4.01 per...

The next year the common stock of Gold Corp. will pay a dividend of $4.01 per share. If the company is growing at a rate of 4.84 percent per year, and your required rate of return is 10.13 percent, what is Gold's company stock worth to you?

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Answer #1

The stock is worth $ 75.803403   as follows:

в с Formula D Cell reference E Values | 1 2 4.01 3 Groiwth rate of company g Given 4.84% 4 Next Dividend Di Given 5 Rate of R

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