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 percent per year. If the cost of equity for Unheardof is 25 percent, what should be the market value of a share of the company?

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Financial Modeling

ISBN: 9780262026284

3rd Edition

Authors: Simon Benninga

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