Question
Aslan Inc. is a new company and it is experiencing rapid growth. Dividends are expected to grow at 32% per year during the next
Aslan Inc. is a new company and it is experiencing rapid growth. Dividends are expected to grow at 32% per year during the next three years, 20% over the following year, and then 8% per year indefinitely. The market return for assets as risky as this stock is 13%, and the stock currently sells for $65 per share. What is the projected dividend for the coming year?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
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978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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