Question
(1) a stock is not expected to pay dividend until 3 years from now. the dividend is then expected $2 per share, the dividend payout
(1) a stock is not expected to pay dividend until 3 years from now. the dividend is then expected $2 per share, the dividend payout ratio is expected to be 40% and the return on equity is expected to be 15%. if the required rate of return is 12% , the value of stock is close to?
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Accounting For Investments Fixed Income Securities And Interest Rate Derivatives Volume 2
Authors: R. Venkata Subramani
1st Edition
047082591X, 978-0470825914
