Question
Atwater Co. expects to pay the dividend of $1.2, $1.4, and 1.6 for the next three years and then grow at the constant rate of
Atwater Co. expects to pay the dividend of $1.2, $1.4, and 1.6 for the next three years and then grow at the constant rate of 4% per year thereafter. If the required rate of return on the stock is 12%, what is the current value of the stock?
| $14.92 | ||
| $20.80 | ||
| $18.13 | ||
| $16.32 |
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The Complete FinOps Handbook Essential Tools And Techniques For Financial Operations
Authors: Peter Bates
1st Edition
1922435546, 978-1922435545
