Future motors is expected to pay an annual dividend next year of $3.10 a share. dividends are expected to increase by 1.85 percent annually. what is one share of this stock worth at a required rate of return of 15 percent?

Price of stock = $23.57

Explanation:

Given that,

Expected to pay an annual dividend next year() = $3.10 a share

Dividends are expected to increase by 1.85 percent annually

Required rate of return(r) = 15 percent

According to the constant growth dividend discount model,

Where,

- Price of stock

g - Growth rate

                 = $23.57

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are: