Question
Freddy Co. expects to pay a dividend of $1.82 per share next year. Dividends are also expected to grow at a constant rate of 4.5%,
Freddy Co. expects to pay a dividend of $1.82 per share next year. Dividends are also expected to grow at a constant rate of 4.5%, indefinitiely, and investors require a 10% rate of return on their investment. Calculate the price per share. (Round to 3 decimals).
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Investing In Real Estate Private Equity
Authors: Sean Cook
1st Edition
1980587027, 978-1980587026
