Question
A stock is expected to pay a $2.23 dividend in one period. Dividends are expected to grow at a rate of 4.0% for the foreseeable
A stock is expected to pay a $2.23 dividend in one period. Dividends are expected to grow at a rate of 4.0% for the foreseeable future. If the required return of the firm is 11.1%, what is the intrinsic value of this stock?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
