10 Jan

past six years the dividends of Gamma Corporation have grown from $2.00

by jagguarpaw On: Finance - 0 Comment

 

Question: Over the past six years the dividends of Gamma Corporation have grown from $2.00

Over the past six years the dividends of Gamma Corporation have grown from $2.00 per share to the current level of $2.53 per share. This growth rate is expected to continue for the foreseeable future. What is the value of a share of Gamma Corporation common stock to an investor who requires an 11 percent return on their investment?

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