Question
A company has paid a dividend of $100 this year, the share holders expect the company to grow at 4% per year in the foreseeable
A company has paid a dividend of $100 this year, the share holders expect the company to grow at 4% per year in the foreseeable future. If the expected rate of return is 5.5% then what should be the share price per share?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
1st Edition
0521823552, 9780521823555
