Question
Desperado's Gun and Survival Shops Incorporated's (Ticker: DGSS) common stock currently sells for $69 a share. Dividends are expected to grow 7 percent per year
Desperado's Gun and Survival Shops Incorporated's (Ticker: DGSS) common stock currently sells for $69 a share. Dividends are expected to grow 7 percent per year for the next 6 years after which they will grow at a constant rate of 2 percent. If the required rate of return is 8 percent, what is DGSS's current dividend per share (D0)?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
