Question
a company has the follow growth rate of dividends: The growth is g=30% for 1 year, 20 % for 2 year, and 10% for 1
a company has the follow growth rate of dividends: The growth is g=30% for 1 year, 20 % for 2 year, and 10% for 1 year before achieving long - run growth of 4%. The last dividend was $ 1, and the required rate of return for the stock is 14%. What is the value of the stock today?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
