Question
A stock is expected to pay its first $60 dividend in 1 year from now. The dividend is expected to be paid annually forever and
A stock is expected to pay its first $60 dividend in 1 year from now. The dividend is expected to be paid annually forever and grow by -3% pa (note the negative sign). The discount rate is 6% pa. Estimate the current stock price. The current stock price should be:
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Michael Saylor On Bitcoin The Very First Interviews
Authors: Coinan The Barbarian ,Satoshi Nakamoto
1st Edition
979-8423442019
