The value of a share of Emmy Lou, Inc.'s common stock is (a) $56.00
Price per share = next dividend per share / required return - dividend
growth rate
= 5.6 / 20%-10%
= 56
Common stock- A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
For more information on common stock visit:
https://brainly.com/question/25765493
#SPJ4
