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Compute X companys stock price given the following information: Earnings and dividends are expected to grow by 3% a year. Its growth will stop after
Compute X companys stock price given the following information:
Earnings and dividends are expected to grow by 3% 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 dividend is $9, the market capitalization rate is 13%, and next year EPS is $16.
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
