Question
A stock just paid a dividend of $2.99. The dividend is expected to grow at 29.84% for three years and then grow at 3.84% thereafter.
A stock just paid a dividend of $2.99. The dividend is expected to grow at 29.84% for three years and then grow at 3.84% thereafter. The required return on the stock is 10.07%. What is the value of the stock?
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Financial Management For Nonprofit Human Service Organizations
Authors: Raymond Sanchez Mayers
2nd Edition
0398075131, 9780398075132
