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metallica bearings Metallica Bearings. No dividends paid on stock over the next nine years. company will...

metallica bearings


Metallica Bearings. No dividends paid on stock over the next nine years. company will pay 14.00 per share dividend 10 years from today and increase dividend by 8 percent. required return 14 percent. what is current share price
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Answer #1

The current share price is calculated using the following equation

PV = *(1+ g-*

6-(800 +1) X-0020 = aoud a T$

Current share price = $ 116.72

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