Question
A company has just paid a dividend of $1.25 per share.Analysts expect the company's dividend to grow at 20% per year for year 1, 15%
A company has just paid a dividend of $1.25 per share.Analysts expect the company's dividend to grow at 20% per year for year 1, 15% per year for year 2 and then 10% per year thereafter.If the required rate of return on the share is 15% per year, what is the value of the share today?
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
