Question
Assume OOL Corp.s dividend payment will be $3.14 one year from now, $3.68 two years from now, and $3.98 three years from now. Further assume
Assume OOL Corp.s dividend payment will be $3.14 one year from now, $3.68 two years from now, and $3.98 three years from now. Further assume that after these three years, the dividend will grow by 5.6% each year. If the required rate of return for the industry OOL Corp. belongs to is 11.4%, what is the market value of OOL Corp.s stock under the Dividend Growth Model?
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
