Boost your Grades with us today!

Sociology homework help

Telus, a Canadian wireless communications company, earned $3.47 per share in 2010 and paid dividends of $1.61 per share. Analysts forecast an annual earnings growth rate of 6.1 percent for the next 5 years. Based on similar-risk companies, the estimated required rate of return on Telus stock is 9.8 percent. It is assumed that from 2015 onward, Telus will maintain its current reinvestment rate but earn only its cost of capital on new investments. Estimate Telus’ current stock price. (Round your answer to the nearest cent.)


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.

Need Help? Please contact us