Constant growth valuation Harrison Clothiers' stock currently sells for $20 a share. It just paid a dividend of $1.00 a share (that is, Do=$1.00). The dividend is expected to grow at a constant rate of 6 percent a year. What stock price is expected 1 year from now? What is the required rate of return?
Paper#1483 | Written in 18-Jul-2015Price : $25