Question
ABC, Inc. just paid dividend of $3.25. The dividends are expected to grow at 7.81% each year forever. The required rate of return on the
ABC, Inc. just paid dividend of $3.25. The dividends are expected to grow at 7.81% each year forever. The required rate of return on the stock is 12.34%. What is today's price of the stock?
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
