Question
A stock paid its annual dividend of $4.94 per share, yesterday. The dividend growth rate for the stock is expected to be 3.75 percent per
A stock paid its annual dividend of $4.94 per share, yesterday. The dividend growth rate for the stock is expected to be 3.75 percent per year indefinitely. The appropriate discount rate for the stock is 11.80 percent. Determine the price of the stock today.
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The Foundations Of Business Analysis
Authors: M Douglas Berg
1st Edition
1465222030, 9781465222039
