Question
Company's dividend is expected to grow at 10% for the next 3 years and then at 5% forever. The company has just paid a dividend
Company's dividend is expected to grow at 10% for the next 3 years and then at 5% forever. The company has just paid a dividend of $2 and the required rate of return is 15%.
(a) What is the current price of the stock?
(b) What is the expected stock price next year?
(c) What is the expected stock price 10 years from now?
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How To Analyse Bank Financial Statements
Authors: Thomas Padberg
1st Edition
0857195182, 978-0857195180
