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A stock will pay $3 per share in dividends at the end of each year forever and the prevailing market interest rate is 5% per
- A stock will pay $3 per share in dividends at the end of each year forever and the prevailing market interest rate is 5% per year compounded annually, what is the stock price today?
- If the company decides to pay $3 in Year 1, and the dividend grows at 4% each year into the foreseeable future. What would be the stock price today?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
