Question
A stock just paid a dividend of $2.71. The dividend is expected to grow at 26.59% for three years and then grow at 3.62% thereafter.
A stock just paid a dividend of $2.71. The dividend is expected to grow at 26.59% for three years and then grow at 3.62% thereafter. The required return on the stock is 10.16%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
