Question
Constant growth: The required rate of return is 23 per cent. Gnangara Pty Ltd has just paid a dividend of $3.12 and expects to grow
Constant growth: The required rate of return is 23 per cent. Gnangara Pty Ltd has just paid a dividend of $3.12 and expects to grow at a constant rate of 5 per cent. What is the expected price of the share 3 years from now?
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The Economics Of Financial Markets
Authors: Roy Bailey
1st Edition
051111415X, 9780511114151
