Question
CAS Inc. currently pays no dividends, but expects to begin paying a constant $10.00 per share dividend 8 years from today. If the appropriate discount
CAS Inc. currently pays no dividends, but expects to begin paying a constant $10.00 per share dividend 8 years from today. If the appropriate discount rate is 15%, then what is a share of CAS inc. worth today?
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
