Question
A stock has just issued a dividend of $2.13 per share. This dividend is expected to grow at 5.25% annually forever. If you purchase this
A stock has just issued a dividend of $2.13 per share. This dividend is expected to grow at 5.25% annually forever. If you purchase this stock for $57.30 today, what will be your IRR on this investment?
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Finance
Authors: Ehsan Nikbakht, A A Groppelli
6th Edition
0764147595, 9780764147593
