Using AEPs sustainable growth rate of 3.41 percent (see Example 6.6) as an estimate of perpetual dividend
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● Using AEP’s sustainable growth rate of 3.41 percent (see Example 6.6) as an estimate of perpetual dividend growth and its current dividend of $2.68, what is the value of AEP’s stock assuming a discount rate of 5 percent?
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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