Question
IBM just paid a dividend of $1.6 per share. You expect IBM's dividend to grow at a rate of 9% per year for the next
IBM just paid a dividend of $1.6 per share. You expect IBM's dividend to grow at a rate of 9%
per year for the next three years, and then you expect constant dividend growth of 4% forever.
Based on the risk of IBM stock, you require a return of 13%. Using the dividend discount model,
what is the value of IBM stock?
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Regulation A+ And Other Alternatives To A Traditional IPO Financing Your Growth Business Following The JOBS Act
Authors: David N. Feldman
1st Edition
1119416159,1119416124
