Question
America Inc. paid a dividend of $2.50 recently. It has maintained a dividend growth rate of 7% in the past and expects to maintain that
America Inc. paid a dividend of $2.50 recently. It has maintained a dividend growth rate of 7% in the past
and expects to maintain that indefinitely. How much is the stock worth if you want 12% rate of return?
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
