Question
A stock sells at $80 and is expected to pay $17, $14, $11, $8 over next 4 years. After the dividends will increase at an
A stock sells at $80 and is expected to pay $17, $14, $11, $8 over next 4 years. After the dividends will increase at an annual rate of g forever, if the required return of the stock is 15%, what is g?
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
