Question
A stock will pay no dividends for the next 4 years. Then it will pay a dividend of $10 growing at 2%. The discount rate
A stock will pay no dividends for the next 4 years. Then it will pay a dividend of $10 growing at 2%. The discount rate is 8%. What should be the current stock price?
(Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
