Question
ABC Inc. is expected to pay $1.51 dividend at the end of the year and it expected to pay the same amount of dividend forever.
ABC Inc. is expected to pay $1.51 dividend at the end of the year and it expected to pay the same amount of dividend forever. What is its stock price, assuming it has a required return of the stock is 9%?
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
