Question
A stock is expected to pay a dividend of $2.75 at the end of the year, and it should continue to grow at a constant
A stock is expected to pay a dividend of $2.75 at the end of the year, and it should continue to grow at a constant rate of 5% a year. If its required rate of return is 15%, what is the stock expected price 4 years from today?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
