Question
HB Computer has just paid a dividend of $1 (DO) and the growth rate is dividend is expected to be 6% per year into the
HB Computer has just paid a dividend of $1 (DO) and the growth rate is dividend is expected to be 6% per year into the future. The companys required rate of return Ke is 12%. How much should investors pay for the growth of the company? (i.e. estimate the value of growth of this company.)
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
