Question
A company has paid a dividend of $100 this year, the share holders expect the company to grow at 2.5% per year in the foreseeable
A company has paid a dividend of $100 this year, the share holders expect the company to grow at 2.5% per year in the foreseeable future. If the expected rate of return is 4.5% then what should be the share price per share?
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Analysis For Financial Management
Authors: Robert C. Higgins
10th International Edition
007108648X, 9780071086486
