Multiple Choice
Value a Constant Growth Stock Financial analysts forecast Best Buy Company (BBY) growth for the future to be 13 percent.Their recent dividend was $0.49.What is the value of their stock when the required rate of return is 14.13 percent?
A) $3.92
B) $4.90
C) $43.36
D) $49.00
Correct Answer:
Verified
Correct Answer:
Verified
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