2023 Medical Corporation of America MCA has a current stock price of 36 and its last dividend D0 was | Assignments Online

2023 Medical Corporation of America MCA has a current stock price of 36 and its last dividend D0 was | Assignments Online

Assignments Online 2023 Business & Finance

Medical Corporation of America (MCA) has a current stock price of $36 and its last dividend (D0) was $2.40. In view of MCA’s strong financial position, its required rate of return is 12%. If MCA’s dividends are expected to grow at a constant rate in the future, what is the firm’s expected stock price in 5 years?

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