Question
A stock pays a dividend of $134, $262 and $306 in the next 3 years . The value of the stock at the end of
A stock pays a dividend of $134, $262 and $306 in the next 3 years . The value of the stock at the end of year 3 is expected to be $4194 Assume that the return on this stock is 8, what is the value of the stock today .
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
