Question
ABC Corp. has just paid a quarterly dividend of $0.32. ABC's dividends will grow by 5% for the next 4 quarters, and then grow by
ABC Corp. has just paid a quarterly dividend of $0.32. ABC's dividends will grow by 5% for the next 4 quarters, and then grow by 0.4% thereafter. ABC has a quarterly required return of 4%.
What is the intrinsic value of ABC stock?
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
