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B. Problem -2-: (05 marks) A Company's stock has just paid dividend of $6.50 and expected to pay dividend of $6.89 next year. The stock's
B. Problem -2-: (05 marks) A Company's stock has just paid dividend of $6.50 and expected to pay dividend of $6.89 next year. The stock's required rate of return is 16%. Calculate the current market price of the stock if the dividend growth rate is constant
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Wiley Gaap Interpretation And Application Of Generally Accepted Accounting Principles 2009
Authors: Barry J. Epstein, Ralph Nach, Steven M. Bragg
1st Edition
0470286067, 978-0470286067
