Constant growth problems 2
{"Image DocumentName": "Constant growth problems 2", "Image ImageDescription": "FI Corporate Finance Leng Ling. Constant growth problems 2. Johnson Foods Inc. just paid a dividend of  10 (i.e., D0 = 10.00). Its dividends are expected to grow at a 4% annual rate forever. If you require a 15% rate of return on investments of this risk level, what is Johnson Foods\u2019s current stock price? (to 2 decimal places) Straightforward application of price formula. Verify that price =  94.55.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}