Question
a company doest currently pay dividends. you expect the company to begin paying $4 per share dividend in 15 years and you expect dividends to
a company doest currently pay dividends. you expect the company to begin paying $4 per share dividend in 15 years and you expect dividends to grow perpetually at 5.5 % per year thereafter. if the discount rate is 15% how much is the stock currently worth?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
