Question
1) NonConstant Dividend Growth Model Problem a. Initial Dividend is $2.00 grows 50% first year, 25% second year, 25% third year, and 7% constantly forever.
1) NonConstant Dividend Growth Model Problem a. Initial Dividend is $2.00 grows 50% first year, 25% second year, 25% third year, and 7% constantly forever. Required rate of return is 18%. Whats the price of the stock today?
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Personal Finance Turning Money Into Wealth
Authors: Arthur J Keown
5th Edition
0136070620, 9780136070627
