What is the price of its common stock

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Keystone Corporaton has just paid dividends of $2.50 per share, which the company projects will grow at a constant rate of 4% forever. If Keystone shareholder's require 12% rate of return, what is the price of its common stock? Show you work

Reference no: EM13956351

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What is the price of its common stock : Keystone Corporaton has just paid dividends of $2.50 per share, which the company projects will grow at a constant rate of 4% forever. If Keystone shareholder's require 12% rate of return, what is the price of its common stock? Show you work
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