Question
Company X has just paid a dividend of $6. Dividends increase by $4 per share per year over the next five years. No dividend paid
Company X has just paid a dividend of $6. Dividends increase by $4 per share per year over the next five years. No dividend paid thereafter. If Company X's share requirement return is 10%, what is the current share price of Company X?
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
6th Edition
1259922316, 9781259922312
