Question
dividend of 1.95 per share at this year's end dividend of 2.35 per share at the end of next year expected stock will be 40
dividend of 1.95 per share at this year's end
dividend of 2.35 per share at the end of next year
expected stock will be 40 per share after 2 years
equity cost of capital = 10%
What is the maximum price that a prudent investor would be willing to pay for a share of valorous stock today?
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
