Price Forward Dividend 1T Target Est $86.36 $2.08 $105.28 Given the information in the table, if the required return on the stock is 11.5%, what is the value of the stock?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
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Price
Forward Dividend
1T Target Est
$86.36
$2.08
$105.28
Given the information in the table,
the required return on the stock is 11.5%, what is the value of the
stock?
Transcribed Image Text:Price Forward Dividend 1T Target Est $86.36 $2.08 $105.28 Given the information in the table, the required return on the stock is 11.5%, what is the value of the stock?
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