Question
A company just paid a dividend of 1.00 per share (D0 = 1.00). Analysts expect the dividends to grow 20% this year (D1 = 1.20),
A company just paid a dividend of 1.00 per share (D0 = 1.00). Analysts expect the dividends to grow 20% this year (D1 = 1.20), and 15% next year. After two years, the dividend is expected to grow at a constant rate of 5%. The required rate of return on the companys stock is 12 percent. If the stock in is currently trading at $15/share in NYSE, would you buy the stock?
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The Only Ethereum Investing Book You Ll Ever Need
Authors: Freeman Publications
1st Edition
1915404045, 978-1915404046
