Question
A company's current stock price is $51 per share, while investors' required return is 12.50%. If the dividend for the year just ended is $4.75
A company's current stock price is $51 per share, while investors' required return is 12.50%. If the dividend for the year just ended is $4.75 per share, how much is the dividend in two years from today assuming a constant annual dividend growth?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
