Question
Corporate Finance Question regarding Stock Valuation based on Dividends (Differential Growth using Gordon Growth Model/Dividend Discount Model) Problem 6-18 Differential Growth Upton Co. Is growlng
Corporate Finance Question regarding Stock Valuation based on Dividends (Differential Growth using Gordon Growth Model/Dividend Discount Model)
Problem 6-18 Differential Growth Upton Co. Is growlng qulckty Dlvldends are expected to grow at 25 percent for Te next three years, vvllh the growth rate felllng off to a constant 4 percent thereafter. If the requlred return Is 10 percent end the company Just peld dlvldend of $295. what Is the current shore prlce? (Do not round Intermedlete calculations. Round your answer to 2 declmel places, e.g 32.16.) Current share prlce
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