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Company Z is expected to pay a $3 dividend at the end of this year. You expect Company Z's dividend to grow by 7.5% per
- "Company Z is expected to pay a $3 dividend at the end of this year. You expect Company Z's dividend to grow by 7.5% per year forever. Company Z's equity cost of capital is 20% What is the value of a share of Company Z's stock? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer."
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
