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The western state company's common stock is expected to pay a $2.00 dividend in the coming year. if investors require a 17% return and the growth rate in dividends is expected to be 8%, what will the market
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The western state company's common stock is expected to pay a $2.00 dividend in the coming year. if investors require a 17% return and the growth rate in dividends is expected to be 8%, what will the market price of the stock be?

User Ayal
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It should be $2.16 which is the 8% since even though they require 17% what is projected to be available is only 8%
User Jan Schiefer
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