Question
Assume the following information for MJW shares: - Current Dividend = $10.00 Dividend growth rate for next 4 years = -1% pa Dividend growth rate
Assume the following information for MJW shares: -
Current Dividend = $10.00
Dividend growth rate for next 4 years = -1% pa
Dividend growth rate from year 4 onwards = 2% pa
Required return on MJW shares = 6% pa
Calculate the share price for MJW.
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
