Question
AT&T plans to pay a dividend of $4.00 per share in dividends in the coming year. Its equity cost of capital is 15%. Dividends are
AT&T plans to pay a dividend of $4.00 per share in dividends in the coming year. Its equity cost of capital is 15%. Dividends are expected to grow by 10% per year in the future. You plan on selling this stock after 3 years. What price would you be willing to pay for AT&T stock today?
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Finance And Control For Construction
Authors: Chris March
1st Edition
0415371155, 978-0415371155
