Question
A stock is trading at $80 per share. The price just paid a dividend of $5, and it is expected to grow at some constant
A stock is trading at $80 per share. The price just paid a dividend of $5, and it is expected to grow at some constant rate g throughout time. The stock required rate of return is 12%. What is your forecast of growth rate, g? (round your answer to 4 decimal points)
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Project Financing Asset-Based Financial Engineering
Authors: John D Finnerty
3rd Edition
1118421841, 9781118421840
