Unheardof, Inc., has just paid a dividend of $5 per share. This dividend is anticipated to increase

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Unheardof, Inc., has just paid a dividend of $5 per share. This dividend is anticipated to increase at a rate of 15% per year. If the cost of equity for Unheardof is 25%, what is the market value of a share of the company?

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Financial Modeling

ISBN: 9780253337825

5th Edition

Authors: Simon Benninga, Tal Mofkadi

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Question Posted: Jun 05, 2024 08:02 AM

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Unheardof, Inc., has just paid a dividend of $5 per share. This dividend is anticipated to increase

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Financial Modeling

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