
微信扫一扫
实时资讯全掌握
Raybould Co expects to pay a constant dividend of 60 cents per share at the end of every year forever. Assuming that a dividend has just been paid, what should the market price of the shares be? The nominal value of the shares is $2, and the cost of capital is 12%. A. $5.00 B. $2.40 C. $10.00 D. $2.50 |