Question
A company plans to pay an annual dividend of $.30 a share for two years commencing two years from today. After that time, a constant
A company plans to pay an annual dividend of $.30 a share for two years commencing two years from today. After that time, a constant $1 a share annual dividend is planned indefinitely. Given a required return of 14 percent, what is the current value of this stock?
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The Smart Investors Survival Guide
Authors: Charles Carlson
1st Edition
0385503873, 978-0385503877
