Question
Caspian Sea Drinks needs to raise $82.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.91
Caspian Sea Drinks needs to raise $82.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.91 next year, which will grow at 4.16% forever and the cost of equity to be 12.86%, then how many shares of stock must CSD sell?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
