Question
ABC Corp. has just paid a quarterly dividend of $0.34. 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 $0.34. ABC's dividends will grow by 5% for the next 4 quarters, and then grow by 0.3% thereafter. ABC has a quarterly required return of 4%. What is the intrinsic value of ABC stock? Round to 1 decimal
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
