Using the Gordon growth formula, if D1 is $2.00, ke is 12% or 0.12, an
Using the Gordon growth formula, if D1 is $2.00, ke is 12% or 0.12, and g is 10% or 0.10, then the current stock price is
A) $20.
B) $50.
C) $100.
D) $150.
ANSWER
C
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