Q. What is the price of a stock estimated to pay a dividend of Rs.60 next year, if the dividend growth rate is 5% and the appropriate discount rate is 8%? (Solved)
1. Rs.18
2. Rs.19
3. Rs.20
4. Rs.21
- c. Rs.20
1. Rs.18
2. Rs.19
3. Rs.20
4. Rs.21