Explain how the variablegrowth- rate technique could be used for a firm whose dividend is not expected

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Explain how the variablegrowth-

rate technique could be used for a firm whose dividend is not expected to grow for three years and then will grow at 5 percent indefinitely.

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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