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Dividend Growth Model Problem (please show all work) NonConstant Dividend Growth Model Problem Initial Dividend is $2.00 grows 50% first year, 25% second year, 25%
Dividend Growth Model Problem (please show all work)
- NonConstant Dividend Growth Model Problem
- Initial Dividend is $2.00 grows 50% first year, 25% second year, 25% third year, and 7% constantly forever. Required rate of return is 18%. Whats the price of the stock today?
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
