Question
3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow at 24.00% per year for 2 years and
3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow at 24.00% per year for 2 years and then the growth rate will slow to 3.70% per year forever. If the required rate of return is 8.90%, then what is the current stock price?
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This can be solved using a twostage growth dividend discount model DDM Heres how to calculate the cu...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
