What is the value of the share of Ian stock

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Which of the following is a cash outflow? A. an increase in accounts receivable B. an increase in accrued liabilities C. an increase in accounts payable D. a decrease in notes receivableIan started and export- import company in China. Ian is expected to pay a dividend of $0.60 ( D1) per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock is 16%. What is the value of the share of Ian stock?

Reference no: EM131313144

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