Question
A stock just paid a dividend of $2.42. The dividend is expected to grow at 23.35% for three years and then grow at 4.61% thereafter.
A stock just paid a dividend of $2.42. The dividend is expected to grow at 23.35% for three years and then grow at 4.61% thereafter. The required return on the stock is 14.52%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
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Stocks For Teens And Lets Be Real Some Adults
Authors: Marcie Price Brown
1st Edition
979-8861710367
