Question
Apple has a current dividend of $2.56 and a dividend growth rate of 4%. If the CAPM gives the expected return on apple stock of
Apple has a current dividend of $2.56 and a dividend growth rate of 4%. If the CAPM gives the expected return on apple stock of 6.7% what should the stock price be according to the dividend discount formula?
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Gapenskis Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
3rd Edition
1567939759, 978-1567939750
