A7X Corp. just paid a dividend of $ 3.8 per share. The dividends are expected to grow at 8 percent for the next 3 years
A7X Corp. just paid a dividend of $ 3.8 per share. The dividends are expected to grow at 8 percent for the next 3 years and then level off to a growth rate of 4 percent indefinitely. If the required return is 11 percent, what is the price of the stock today?
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Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
