Question
An enterprise is expected to pay a dividend of $0.65 in one year. The dividend is expected to grow at a rate of 12% per
An enterprise is expected to pay a dividend of $0.65 in one year. The dividend is expected to grow at a
rate of 12% per year for the next five years as the firm goes through a period of rapid growth. After that,
it is expected to grow at an average rate of 7% per year forever. If the required return is 22%, what is
the value of a share?
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Industrializing Financial Services With DevOps
Authors: Spyridon Maniotis
1st Edition
1804614343, 978-1804614341
