n NISM Certifications
XXI NISM Series XXI-A
Medium

Under the typical assumption that a stock’s dividend will grow at a constant rate, what will be the price of the stock if D₁ = Rs. 3, k = 9%, g = 6%?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 87

  2. B

    Rs. 93

  3. Rs. 100

    Correct answer

  4. D

    Rs. 103

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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