Question
A firm will pay a dividend of $1.10 next year. The dividend is expected to grow at a constant rate of 3.20% forever and the
A firm will pay a dividend of $1.10 next year. The dividend is expected to grow at a constant rate of 3.20% forever and the required rate of return is 14.89%. What is the value of the stock?
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David E. Stout, Gary Cokins, Kung Chen
4th Edition
0073128155, 978-0073128153
