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Company D is expected to pay a $4.59 dividend at the end of the 7th year. You expect Company D's dividend to grow by 3.60%
Company D is expected to pay a $4.59 dividend at the end of the 7th year. You expect Company D's dividend to grow by 3.60% per year forever. Company D's equity cost of capital is 8.58%. What should be the price of the stock today?
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Mathematical Control Theory And Finance
Authors: Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria Do Rosário Grossinho
2008th Edition
3540695311, 978-3540695318
