Question
A stock just paid a dividend of $1.40. The dividend is expected to grow at 24.06% for five years and then grow at 4.54% thereafter.
A stock just paid a dividend of $1.40. The dividend is expected to grow at 24.06% for five years and then grow at 4.54% thereafter. The required return on the stock is 13.42%. What is the value of the stock?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
