Question
Goulds Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease
Goulds Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 11%, what is the current share price?
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
