Question
5. You bought 100 stocks from company XYZ. The company will pay dividends for 20 years starting at year 1. After that the company will
5. You bought 100 stocks from company XYZ. The company will pay dividends for 20 years starting at year 1. After that the company will disappear. The discount rate for company XYZ is 12%. What is the price of the company today? What would be the price today if the company pays dividends for 20 years but starting at year 3?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
