Question
Analysts expect ABC Inc's stock to pay shareholders $11.50 per share annually for the next 5 years. After that, the dividend will stay constant at
Analysts expect ABC Inc's stock to pay shareholders $11.50 per share annually for the next 5 years. After that, the dividend will stay constant at $3.50 per year. Given a discount rate of 22.55%, what is the value of the stock today?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
