Question
A stock just paid a dividend of $1.90. The dividend is expected to grow at 27.85% for five years and then grow at 4.83% thereafter.
A stock just paid a dividend of $1.90. The dividend is expected to grow at 27.85% for five years and then grow at 4.83% thereafter. The required return on the stock is 10.29%. What is the value of the stock?
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Dynamics Of International Finance
Authors: Ruchi Mehrotra Joshi
1st Edition
1685078389, 978-1685078386
