Common stock valuation. Suppose you have a firm that plans to pay a constant dividend of $0.45
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Common stock valuation. Suppose you have a firm that plans to pay a constant dividend of $0.45 during each of the next six years and then never pay dividends again. At that time, the price will be $3.64. Given this, what is the current price of a share of stock if k = 8.5%?
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Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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