Please help me answer this question.
Suppose a company issues a stock that pays a dividend at the end of each year of P10.00 indefinitely, and the companies cost of capital is 6%. What is the value of the stock at the beginning of the year? What exactly is required and how do I solve it?
Suppose a company issues a stock that pays a dividend at the end of each year of P10.00 indefinitely, and the companies cost of capital is 6%. What is the value of the stock at the beginning of the year? What exactly is required and how do I solve it?