Other Homework Help. UMGC The Next Year Common Stock of Silver Corp Dividends & Rate of Return Exercise
The next year the common stock of Silver Corp. will pay a dividend of $9.64 per share. If the company is growing at a rate of 4.69 percent per year, and your required rate of return is 10.39 percent, what is Silver’s company stock worth to you? Round the answer to two decimal places.