GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past...

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GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past...

GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past three years, respectively. The company expects to now maintain a constant dividend. At a discount rate of 14.4 percent, what is the current value per share?

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Answer 1

Answer #1

current price = last dividend/discount rate = 0.53/0.144=3.68

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GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past...

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GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past...

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