Question
A share of Lash Inc.'s common stock just paid a dividend of $2.28. If the expected long-run growth rate for this stock is 5%, and
A share of Lash Inc.'s common stock just paid a dividend of $2.28. If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 13%, what is the stock price? (Hint : The answer for my version is 78.55 - This is the format)
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The Future Of Financea The LSE Report
Authors: Chairman Adair Turner, Paul Woolley, Andrew Dr Haldane, Richard Layard, Andrew G. Haldane, Paul Wooley
1st Edition
085328458X, 978-0853284581
