Question
A company just paid a $6.02 dividend. The dividend is expected to grow by 27% the next year, 21% the year after that, 19% the
A company just paid a $6.02 dividend. The dividend is expected to grow by 27% the next year, 21% the year after that, 19% the year after that, 15% the following year, and 6% every year thereafter. If the discount rate is 10%, what should the price of the stock be today?
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
