Question
Company Dividend policy is $.50 per year. The company plans to be in business forever. What is the price of this stock if a) an
Company Dividend policy is $.50 per year. The company plans to be in business forever. What is the price of this stock if
a) an investor wants a 5% return
b) an investor wants a 8% return (include excel formulas please)
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
