Question
Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per
Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per year forever. If the required rate of return on the stock is 18%, what is current value of the stock today?
(If possible please show how to solve using excel)
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
