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Assume that the dividend just paid on a stock is $ 2.00 per share. In Year 1, growth is expected to be 10%. The Year
Assume that the dividend just paid on a stock is $ 2.00 per share. In Year 1, growth is expected to be 10%. The Year 2 Growth Rate is projected to be 6%. Beyond Year 2, growth is expected to level off at 2% annually. Given a 15% Cost of Equity, please determine this stocks Price Per Share
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
