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Company Z-prime's earnings and dividends per share are expected to grow by 5% a year. Its growth will stop after year 4. In year 5
Company Z-prime's earnings and dividends per share are expected to grow by 5% a year. Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. Assume next year's dividend is $3, the cost of equity is 13%, and next year's EPS is $8. What is Z-prime's stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Stock price 
Company Z-prime's earnings and dividends per share are expected to grow by 5% a year. Its growth will stop after year 4 . In year 5 and afterward, it will pay out all earnings as dividends. Assume next year's dividend is $3, the cost of equity is 13%, and next year's EPS is $8. What is Z-prime's stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places
Company Z-prime's earnings and dividends per share are expected to grow by 5% a year. Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. Assume next year's dividend is $3, the cost of equity is 13%, and next year's EPS is $8. What is Z-prime's stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Stock price
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
0198802943, 978-0198802945
