Question
A stock just paid a dividend of $2.42. The dividend is expected to grow at 22.61% for two years and then grow at 4.17% thereafter.
A stock just paid a dividend of $2.42. The dividend is expected to grow at 22.61% for two years and then grow at 4.17% thereafter. The required return on the stock is 13.14%. What is the value of the stock?
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
