Question
A firm is planning on paying its first dividend of $4.9 6 years from today. After that, dividends are expected to grow at 3.4%
A firm is planning on paying its first dividend of $4.9 6 years from today. After that, dividends are expected to grow at 3.4% per year indefinitely. The stock's required return is 12%. What is the intrinsic value of a share today? Enter your answer to 2 decimal places.
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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
