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Can someone please show how to solve this, i am struggling! thank you! A stock just paid a dividend of $2.00. Dividends are forecasted to
Can someone please show how to solve this, i am struggling! thank you!
A stock just paid a dividend of $2.00. Dividends are forecasted to grow at a rate of 6% for the next 9 periods. You forecast that at time 9 you will sell the stock for $60.00. What is the current value of the stock, given that the required return for this stock is 12.4% ? Your Step by Step Solution
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