Question
9) Coca Cola, Inc. has the following historical dividend issue. What was the dividend growth rate (g) for the period? b) , Using the calculated
9) Coca Cola, Inc. has the following historical dividend issue. What was the dividend growth rate (g) for the period? b) , Using the calculated g from #9 above, what would be the expected closing price be for Coca Cola, Inc. for 2018, if the average required return in the capital market is 9%?
| Historical Dividends for Coca Cola | ||
| FYE | Dividend | |
| 2017 | $1.48 | |
| 2016 | $1.40 | |
| 2015 | $1.32 | |
| 2014 | $1.22 | |
| 2013 | $1.12 | |
| 2012 | $1.02 | |
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
