Question
ABC Corp just paid a dividend of $ 2.75 per share. The future dividends are expected to grow at a constant rate of 6.5% forever.
ABC Corp just paid a dividend of $ 2.75 per share. The future dividends are expected to grow at a constant rate of 6.5% forever. If the investors require a return of 15%, what will the price per share at the end of 5 years be?
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
