Question
A stock just paid a dividend of $2.40. The dividend is expected to grow at 22.29% for two years and then grow at 3.25% thereafter.
A stock just paid a dividend of $2.40. The dividend is expected to grow at 22.29% for two years and then grow at 3.25% thereafter. The required return on the stock is 13.80%. What is the value of the stock?
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Securitisation Derivatives A Practioner's Handbook
Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson
1st Edition
1119532272, 978-1119532279
