Question
Adel Sera has just distributed $1 dividend per share.The dividend will grow at 180 percent next year, 90 percent the following year, and 60 percent
Adel Sera has just distributed $1 dividend per share.The dividend will grow at 180 percent next year, 90 percent the following year, and 60 percent the next year.After that point, the dividend will grow at a stable rate of 5 indefinitely. If the investors' required rate of return is 12 percent what should be the price of a one share of this corporation?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
