Question
Abacus Corporation will pay dividends of $2.30, $2.83, and $3.23 in the next three years. After three years, the dividends are expected to grow at
Abacus Corporation will pay dividends of $2.30, $2.83, and $3.23 in the next three years. After three years, the dividends are expected to grow at a constant rate of 4 percent per year. If the required rate of return is 13.77 percent, what is the current value of the Abacus common stock?
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
