Question
A stock just paid a dividend of $1.22. The dividend is expected to grow at 20.11% for two years and then grow at 4.10% thereafter.
A stock just paid a dividend of $1.22. The dividend is expected to grow at 20.11% for two years and then grow at 4.10% thereafter. The required return on the stock is 13.73%. What is the value of the stock? SHOW WORK
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Banking With Integrity The Winners Of The Financial Crisis
Authors: Dr Heiko Spitzeck , Dr Michael Pirson, Dierksme , Dr. Heiko Spitzeck , Prof. Claus Dierksmeier, Dr. Michael Pirson
1st Edition
0230289959,0230346499
