Question
A company is expected to pay a dividend of $3 next year, $2 one year after then, then $1 one year after that. Then, the
A company is expected to pay a dividend of $3 next year, $2 one year after then, then $1 one year after that. Then, the company expects to increase dividends again, increasing dividends by 10% per year. If the interest rate is 12%, what is the price of this stock?
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
