Question
28. A stock just paid a dividend of $2.95. The dividend is expected to grow at 24.73% for two years and then grow at 3.99%
28. A stock just paid a dividend of $2.95. The dividend is expected to grow at 24.73% for two years and then grow at 3.99% thereafter. The required return on the stock is 10.47%. What is the value of the stock? Currency: Round to: 2 decimal places.
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
