What is the value of the index

Reference no: EM13274975

The annual expected dividend on the S&P index was about 154.6. If the dividend is expected to grow at a steady rate of 8% a year and the required annual rate of return is 10%, what is the value of the index? a. 1193 b 1700 c 7730 d none of these

Reference no: EM13274975

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