One company has just paid a quarterly dividend of $0.60. İt's stock price is $63.20, and the company is expected to grow at a 4% rate. It has 500,000 shares outstanding, and its capital stack consists...

One company has just paid a quarterly<br>dividend of $0.60. İt's stock price is $63.20,<br>and the company is expected to grow at a 4%<br>rate. It has 500,000 shares outstanding, and<br>its capital stack consists of a 60% debt, 40%<br>equity split.<br>If the company increases its quarterly<br>dividend by $0.20, which leads to an Re of<br>8.4%, what is the new stock price?<br>

Extracted text: One company has just paid a quarterly dividend of $0.60. İt's stock price is $63.20, and the company is expected to grow at a 4% rate. It has 500,000 shares outstanding, and its capital stack consists of a 60% debt, 40% equity split. If the company increases its quarterly dividend by $0.20, which leads to an Re of 8.4%, what is the new stock price?

Jun 10, 2022

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One company has just paid a quarterly dividend of $0.60. İt's stock price is $63.20, and the company is expected to grow at a 4% rate. It has 500,000 shares outstanding, and its capital stack consists...

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