If a share expects next year's dividend to be$1.35 and the company's average dividend growth rate is
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If a share expects next year's dividend to be$1.35 and the company's average dividend growth rate is expected to be 6%,then what is the intrinsic value of the share if the market rate is 9.5%?
Related Book For
Fundamentals of Investments
ISBN: 978-0132926171
3rd edition
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
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