Question
Company has the following dividend stream. D1 = 3.98 D2 = 4.8 D3 = 5.37 Dividend is expected to be constant after year 4, with
Company has the following dividend stream.
D1 = 3.98
D2 = 4.8
D3 = 5.37
Dividend is expected to be constant after year 4, with a growth rate of 4%. The cost of equity is 10%. What is the stock price, P0 , today?
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
