pose Barclay Corp is expected to pay a dividend of $2.50 at the end of the year. company and its dividends are growing at a relatively constant rate of 3.5% and stors' required return on the stock is 10.2%, what is the value of the stock? $37.31 $24.47 %2425.37

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
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Suppose Barclay Corp is expected to pay a dividend of $2.50 at the end of the year.
f the company and its dividends are growing at a relatively constant rate of 3.5% and
Investors required return on the stock is 10.2%, what is the value of the stock?
O$37.31
O $24.47
O$25.37
O $24.51
O$38.62
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Transcribed Image Text:Suppose Barclay Corp is expected to pay a dividend of $2.50 at the end of the year. f the company and its dividends are growing at a relatively constant rate of 3.5% and Investors required return on the stock is 10.2%, what is the value of the stock? O$37.31 O $24.47 O$25.37 O $24.51 O$38.62 Page 13 of 30 Previous Page Next Page 0gf30.guestions.saved.
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