Caterpillar stock has an expected return is 19.09% per year (not a holding period return) and Caterpillar is expected to pay a $4.22 Dividend indefinitely
Caterpillar stock has an expected return is 19.09% per year (not a holding period return) and Caterpillar is expected to pay a $4.22 Dividend indefinitely (forever). Find the price of Caterpillar stock if the dividend is paid quarterly and the next dividend will be paid later today.
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
