Question
Company A just paid a dividend of $2.50 per share. Then, it expects its dividend to grow at 6% for the next 3 years. What
Company A just paid a dividend of $2.50 per share. Then, it expects its dividend to grow at 6% for the next 3 years. What is the present value of dividends over the next 3 years if the required rate of return is 10%?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
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