Question

Your broker is trying to sell you a stock with a current market price of P 2, 160.00 the stock's last dividend was P 53.25, and the earnings and dividends are expected to increase at a constant growth rate of 10%. Is the stock fairly valued if the return is 13%? Explain why or why not.​

Answer 1

Answer:

I ALMOST SOLVED THE PROBLEM AND I THINK IT WILL HELP YOU AND PLEASE MARK ME AS BRAINLIEST ANSWER:-)