What is the estimated price of Once in a Blue Moon stock that has the following dividends? The return on similar investments is I8%.(Round the growth rate to the nearest whole percent)
$$\begin{array} { | c | c | }
\hline Y E A R & D I M I N D Y \
\hline 2014 & \$ 2.50 \
\hline 2013 & \$ 2.48 \
\hline 2012 & \$ 2.36 \
\hline 2011 & \$ 2.32 \
\hline
\end{array}$$
A)$17
B)$13
C)$22
D)$50

Question

What is the estimated price of Once in a Blue Moon stock that has the following dividends? The return on similar investments is I8%.(Round the growth rate to the nearest whole percent)
$$\begin{array} { | c | c | } 
\hline Y E A R & D I M I N D Y \
\hline 2014 & \$ 2.50 \
\hline 2013 & \$ 2.48 \
\hline 2012 & \$ 2.36 \
\hline 2011 & \$ 2.32 \
\hline
\end{array}$$
A)$17
B)$13
C)$22
D)$50

Quizplus · Accepted Answer

The Answer of What is the estimated price of Once in a Blue Moon stock that has the following dividends? The return on similar investments is I8%.(Round the growth rate to the nearest whole percent)
$$\begin{array} { | c | c | } 
\hline Y E A R & D I M I N D Y \
\hline 2014 & \$ 2.50 \
\hline 2013 & \$ 2.48 \
\hline 2012 & \$ 2.36 \
\hline 2011 & \$ 2.32 \
\hline
\end{array}$$
A)$17
B)$13
C)$22
D)$50

What Is the Estimated Price of Once in a Blue