Question
10) At the end of the year, ABC will pay a $4.14 dividend per share After that the dividend is expected to increase at a
10)
At the end of the year, ABC will pay a $4.14 dividend per share After that the dividend is expected to increase at a constant rate of 2% p.a. If you require a 12%p.a. return on the stock, what is the value of ABC stock? (round to the nearest cent; dont use $ sign)
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
