Question
A stock just paid a dividend of $2.69. The dividend is expected to grow at 20.01% for three years and then grow at 4.91% thereafter.
A stock just paid a dividend of $2.69. The dividend is expected to grow at 20.01% for three years and then grow at 4.91% thereafter. The required return on the stock is 14.47%. What is the value of the stock? Round to 2 decimal places
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Financial Accounting For Managers
Authors: Sanjay Dhamija
3rd Edition
9789352868339
