Macro Inc. just declared a dividend of $2.52 and the dividends are expected to shrink at an annual rate of 4% forever. The required rate of return is 13.7% on this stock.
What should be the current market value of this share?
Macro Inc. just declared a dividend of $2.52 and the dividends are expected to shrink at an annual rate of 4% forever. The required rate of return is 13.7% on this stock.
What should be the current market value of this share?