Question
A preferred share of Xubuntu Corporation will pay a dividend of $7 in the upcoming year, and every year thereafter, i.e., dividends are not expected
A preferred share of Xubuntu Corporation will pay a dividend of $7 in the upcoming year, and every year thereafter, i.e., dividends are not expected to grow. You require a return of 8.6% on this stock. Using the dividend discount model to calculate the intrinsic value, how much is this stock worth?
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Finance For Non Financial Managers
Authors: Pierre Bergeron
6th Edition
0176501630, 9780176501631
