Question
A stock sells for $14.85 a share and has a required return of 14 percent. Dividends are paid annually and increase at a constant 3
A stock sells for $14.85 a share and has a required return of 14 percent. Dividends are paid annually and increase at a constant 3 percent per year. What is the amount of the last dividend paid according to the DDM?
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
