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ABC Limited is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 20% during the next 3
- ABC Limited is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 20% during the next 3 years, at 10% in the 4th year, and at a constant rate of 4% thereafter. YYs last dividend was $2.00, and the required rate of return on the stock is 8%. Calculate the value of the stock today (4 marks)
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Cost Benefit Analysis Concepts And Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
3rd Edition
0131435833, 978-0131435834
