Naidu Corporation makes advanced computer components. It currently pays no dividend, but it expects to begin paying
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Naidu Corporation makes advanced computer components. It currently pays no dividend, but it expects to begin paying $1 a share four years from now. The expected dividends in subsequent years are also $1 a share. The required rate of return is 14 percent. What is the estimated price for Naidu?
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Related Book For 
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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