Question
BestDeal Inc. has just paid dividend of $5.The dividend is expected to increase at 16% for the first 15 years, -6% for the next 10
BestDeal
Inc. has just paid dividend of $5.The dividend is expected to increase at 16% for the first 15 years, -6% for the next 10 years and then 2% forever. The required rate of return is 12% for the first 8 years and 20% thereafter. Find its share price today.
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
