Question
A stock just paid a dividend of $1.54. The dividend is expected to grow at 23.61% for three years and then grow at 4.30% thereafter.
A stock just paid a dividend of $1.54. The dividend is expected to grow at 23.61% for three years and then grow at 4.30% thereafter. The required return on the stock is 12.21%. What is the value of the stock?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
