Question
Consider the equity shares of Apple Ltd Co. with given information Current Dividend per share = $3 - Duration of Super normal growth =
Consider the equity shares of Apple Ltd Co. with given information Current Dividend per share = $3 - Duration of Super normal growth = 5 years Super normal growth rate is 25% Investor's required rate of return = 14%. Normal growth rate after super normal period = 7% Find the Price of Apple Ltd Co.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
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