DDP Enterprises Currently Does Not Pay a Dividend but Plans

question 99

Multiple Choice

DDP Enterprises currently does not pay a dividend but plans to makes its first dividend payment of $1 in 3 years,if the expected growth rate is 10% per year once dividends commence,and the appropriate is discount rate is 18%,what is the current stock price today?

• A) $ 8.98
• B) $ 8.37
• C) $ 13.75
• D) $ 14.75

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The average score obtained by students on a final exam.

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A standardized test designed to evaluate an individual's ability to perform or train for a particular task or job.

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A variety of values, extracted from sample data, presumed to envelop the value of an unascertained population characteristic.

Mean Score

The average score obtained by adding all the individual scores in a set and dividing by the total number of scores.