Multiple Choice
Target Corp. (TGT) paid a $0.21 dividend per share in 2000, which grew to $0.52 in 2017. This growth is expected to continue. What is the value of this stock at the beginning of 2017 when the required rate of return is 14.77 percent?
A) $3.52
B) $55.32
C) $62.97
D) $63.49
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q33: A firm's stock is selling at $95.00
Q35: A firm does not pay a dividend.
Q43: GEN has 1 million shares outstanding and
Q54: All of the following are stock market
Q60: A firm is expected to pay a
Q62: Annual dividends of Pfizer, Inc. (PFE) grew
Q81: At your full-service brokerage firm, it costs
Q107: If on November 27, 2017, The Dow
Q109: To list a stock on the NYSE,
Q113: A stock recently paid a dividend of