Question
A share of common stock has just paid a dividend of $2.5 per share. Its expected long-run growth rate for this stock is 10%, and
A share of common stock has just paid a dividend of $2.5 per share. Its expected long-run growth rate for this stock is 10%, and if investors require a 15% rate of return, what is the price of the stock today?
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Handbook Of Alternative Assets
Authors: Mark J. P. Anson
2nd Edition
047198020X, 978-0471980209
