Question
A stock just paid dividend of 3$. The dividend is expected to grow at 8% forever, and the required rate of return is 14%. Based
A stock just paid dividend of 3$. The dividend is expected to grow at 8% forever, and the required rate of return is 14%. Based on the Gordon growth model, what is the value of the stock today?
48
54
56
52
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
