Question
Dora Trading Co plans to pay a dividend in year 4 of $0.34.The dividend is expected to grow at a constant rate of 7% forever.
Dora Trading Co plans to pay a dividend in year 4 of $0.34.The dividend is expected to grow at a constant rate of 7% forever.
An investor requires a return of 20%.
How much is the share worth today?
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
