Cheap & Safe Fuel Energy, Corp. just paid a dividend of $ 3.75 per share. The firms dividend is expected to grow at 20% for
Cheap & Safe Fuel Energy, Corp. just paid a dividend of $ 3.75 per share. The firms dividend is expected to grow at 20% for the next five (5) years. After that the growth rate is expected to be 6% forever. If investors require a return of 8% for investing in the stock of companies of similar risk, what is the value of the stock?
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Authors: Charles Long
1st Edition
0874204305, 978-0874204308
