Question
A company will pay a $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share, and it is
A company will pay a $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share, and it is expected that dividends will grow at 4% per year thereafter. The expected rate of return on the stock is 10%.
What is the current price of the stock?
What is the expected price of the stock in a year?
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Handbook Of Business Valuation
Authors: Thomas L. West, Jeffrey D. Jones
2nd Edition
0471297879, 978-0471297871
