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consider a firm that has just paid a dividend of $1.50. an analyst expects dividends to grow at a rate of 9% per year for
consider a firm that has just paid a dividend of $1.50.
an analyst expects dividends to grow at a rate of 9% per year for the next three years. after that dividends are expected to grow at a normal rate of 5% per year. assume that the appropriate discount rate is 7%. what is the value of the stock today.
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
3rd Edition
0073382426, 9780073382425
