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A firm just paid a $200 per share dividend, and the stock currently sells for $500 per share. Dividends are expected to grow at a
- A firm just paid a $200 per share dividend, and the stock currently sells for $500 per share. Dividends are expected to grow at a 20% annual rate for each of the next four years. What price must you be able to sell the stock for at the end of the 4 years in order for the stock to be fairly valued based on a 12% cost of equity?
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Foundations Of Real Estate Financial Modelling
Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
