Question
Amazon plans to pay dividends of $2, $3, and $4 over the next three years respectively. After three years, dividends are expected to grow perpetually
Amazon plans to pay dividends of $2, $3, and $4 over the next three years respectively. After three years, dividends are expected to grow perpetually at a 6% rate. What is the value of the stock if investors require a 12% return to purchase the stock?
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
