Question
9-2 CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year (i.e., D1 $1 80).
9-2 CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year (i.e., D1 $1 80). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 10%. What is the stocks current value per share?
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
