ABC Corporation has just paid its annual dividend of 3 per share. Analysts expect the dividend to grow at a constant growth rate of 4%
ABC Corporation has just paid its annual dividend of 3 per share. Analysts expect the dividend to grow at a constant growth rate of 4% per annum indefinitely. If the stock is currently trading at 54 per share, what is the market capitalization rate on ABC stock?
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Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
