Question
A firm just paid a dividend of $1.25 that is expected to grow at 8% for the coming 6 years and then at a long-term
A firm just paid a dividend of $1.25 that is expected to grow at 8% for the coming 6 years and then at a long-term growth rate of 3% after that. If the required rate of return is 9%, what is the present value of the stock using the H-model?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
