Question
. Calculate the fair value based on the following information: Current dividend = $1.67 Normal growth rate = 2.5% Super growth rate = 12% Duration
. Calculate the fair value based on the following information:
Current dividend = $1.67
Normal growth rate = 2.5%
Super growth rate = 12%
Duration of the super growth rate = 15 years
Required return 8.5%
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
