Question
A company will pay its first dividend 10 years from now, at which point it will pay annual dividends of $2.12 per share forever. If
A company will pay its first dividend 10 years from now, at which point it will pay annual dividends of $2.12 per share forever. If investors require a 10 percent return, what is the current stock price?
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
