After careful analysis, you have determined that a firms dividends should grow at 7% on average in
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After careful analysis, you have determined that a firm’s dividends should grow at 7% on average in the foreseeable future. The firm’s last dividend was €3. Compute the current price of this stock, assuming the required return is 18%.
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The Economics Of Money, Banking & Financial Markets
ISBN: 126161
1st Edition
Authors: Massimo Giuliodori, Frederic S. Mishkin Kent Matthews
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