Mathematics, 20.11.2019 17:31 anthonysutton82

Kudrow, inc. manufactures tennis balls. kudrow just paid a dividend of $4.76 per share and plans to pay a dividend of $5 per share next year, which is expected to increase by 3 percent per year subsequently. the required rate of return is 15 percent. the value of kudrow stock, according to the dividend discount model, is $ a. 39.67 b. 33.33 c. 31.73 d. 41.67 e. none of the above

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