Question
A firm is expected to have a constant dividend growth rate g = 10% in the future. The next dividend that is expected to pay
A firm is expected to have a constant dividend growth rate g = 10% in the future. The next dividend that is expected to pay is $2.00 dividend (D1). If we assume the require rate of return from common shareholders is 15%. What's the expected stock price? _____
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
