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.fjf. From the following information calculate the price of the stock. The annual 'j dividends for years 3, 4 and 5 will be $1.00, $1.20
.fjf. From the following information calculate the price of the stock. The annual 'j dividends for years 3, 4 and 5 will be $1.00, $1.20 and $1.30, respectively. After year 5, dividends are expected to grow by 3% pa forever. The required rate of return is 10% pa. Selected Answer: 0d. $22.00 Answers: a. $ 10.00 $13.18 0c. $14.26
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
