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14 February, 16:15

Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be increased by 2.1 percent annually. what is one share of this stock worth to you if you require a rate of return of 15.7 percent?

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  1. 14 February, 20:08
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    ((Current value - original value) / original value) x 100 = rate of return

    ((1.65402 - 1.62) / 0.157) x 100 = Original Value

    Original Value = $ 21.66
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