Business, 24.10.2019 18:43 mervesena01

Gilmore, inc., just paid a dividend of $2.65 per share on its stock. the dividends are expected to grow at a constant rate of 6 percent per year, indefinitely. assume investors require a return of 10 percent on this stock. what is the current price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) current price $ what will the price be in five years and in fourteen years? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) price five years $ fourteen years $

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Gilmore, inc., just paid a dividend of $2.65 per share on its stock. the dividends are expected to g...

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