Question
A stock is valued at $41.00. If next years dividend is forecast at $3.00 and the appropriate discount rate (i.e. investors required return) is 11%,
A stock is valued at $41.00. If next years dividend is forecast at $3.00 and the appropriate discount rate (i.e. investors required return) is 11%, which growth rate in dividends is consistent with the price?
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
