Question
A fast growing company paid a dividend this year of R0.50 per share and is expected to grow at 30% for two years. Afterwards, the
A fast growing company paid a dividend this year of R0.50 per share and is expected to grow at 30% for two years. Afterwards, the growth rate will be 9%. If the required rate is 12%, what is this value of this share?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
