Question
A stock just paid a $1.00 dividend (Do = $1.00). The dividend is expected to grow 25% a year for the next four years, and
A stock just paid a $1.00 dividend (Do = $1.00). The dividend is expected to grow 25% a year for the next four years, and at a constant rate of 5% a year, thereafter. If the stock's required return is 12%, what is its price today?
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Venture Capital Valuation
Authors: Lorenzo Carver
1st Edition
0470908289, 978-0470908280
