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Consider that there are only 3 investors interested in the stock of ABC G da ; Ali, Ayse and Ahmet, and their required rate of
Consider that there are only investors interested in the stock of ABC Gda; Ali, Ayse and Ahmet, and their required rate of returns are and There is only one share traded in the market. ABC Gda will pay a dividend of TL next year and plans to increase its dividend by per year indefinitely.
a p What is the market price if initially Ali is owner of the share?
b p What is the market price if initially Ayse is owner of the share
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