Description of this paper

You want to purchase some shares of Green World

Description

solution


Question

You want to purchase some shares of Green World stock but need a 15 percent rate of return to compensate for the perceived risk of such ownership. What is the maximum you are willing to spend per share to buy this stock if the company pays a constant $0.90 annual dividend per share?

 

Paper#33418 | Written in 18-Jul-2015

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