NU Inc. is not paying any dividends now. However, NU Inc. is planning to start paying annual
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NU Inc. is not paying any dividends now. However, NU Inc. is planning to start paying annual dividends 3 years from now. The first dividend will be $2. The growth rate will be 6% for 6 years and then 2% indefinitely. What is the stock price now if the discount rate is 9%? (Keep two decimal places)
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
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