Question
ABC Inc.s expected year-end dividend is at $4, the dividend yield at 6%. Given the required return at 11%, and the growth rate is expected
ABC Inc.s expected year-end dividend is at $4, the dividend yield at 6%. Given the required return at 11%, and the growth rate is expected to be constant in the future. What is the expected stock price in 7 years?
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
