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How+much+should+you+pay+for+a+share+of+stock+that+offers+a+constant+growth+rate+of+10%,+requires+a+16%+rate+of+return,+and+is+expected+to+sell+for+$50+one+year+from+now?

How+much+should+you+pay+for+a+share+of+stock+that+offers+a+constant+growth+rate+of+10%,+requires+a+16%+rate+of+return,+and+is+expected+to+sell+for+$50+one+year+from+now?
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how+much+should+you+pay+for+a+share+of+stock+that+offers+a+constant+growth+rate+of+10%,+requires+a+16%+rate+of+return,+and+is+expected+to+sell+for+$50+one+year+from+now?

asked
User Punkrockbuddyholly
by
7.6k points

1 Answer

3 votes

Answer:

About 45.45%

:))

answered
User Elementary
by
8.4k points
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