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Company A has an EPS of $5.91 today. The company is currently not paying dividends. They expect to grow the earnings by 46% for the
Company A has an EPS of $5.91 today. The company is currently not paying dividends. They expect to grow the earnings by 46% for the next 6 years. After 6 years, they will start paying 73% in dividends. What should be the price of the stock today if they expect the dividends to grow by 5 after year 6? The cost of capital is 12.53
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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
