Question
A company's shares dividends are are said to increase by 20% for 3 years, decrease by 5% for 2 years, and then stagnate forever. The
A company's shares dividends are are said to increase by 20% for 3 years, decrease by 5% for 2 years, and then stagnate forever. The required rate of return is 10%. What is the present value of these shares using the constant growth DDM?
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
