Supernormal Growth Marcel AG is growing quickly. Dividends are expected to grow at a 30 per cent
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Supernormal Growth Marcel AG is growing quickly.
Dividends are expected to grow at a 30 per cent rate for the next three years, with the growth rate falling off to a constant 6 per cent thereafter. If the required return is 13 per cent and the company just paid a €1.80 dividend, what is the current share price?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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