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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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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