Question
Flyers Aviation Corporation just paid a $1.45 dividend and investors expect that dividend to grow by 5% each year forever. If the required return
Flyers Aviation Corporation just paid a $1.45 dividend and investors expect that dividend to grow by 5% each year forever. If the required return on the stock investment is 12%, which should be the price of the stock today?
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
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