Ask Question
6 September, 23:10

Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be increased by 2.1 percent annually. what is one share of this stock worth to you if you require a rate of return of 15.7 percent?

+1
Answers (1)
  1. 6 September, 23:22
    0
    ((Current value - original value) / original value) x 100 = rate of return

    ((1.65402 - 1.62) / 0.157) x 100 = Original Value

    Original Value = $ 21.66
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be increased by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers