Question
Icy Blue is increasing its annual dividend, paid in one year from today, to $6.45. The firm is setting a policy for the dividend to
Icy Blue is increasing its annual dividend, paid in one year from today, to $6.45. The firm is setting a policy for the dividend to increase by 2 percent annually thereafter. You are trying to calculate the value today, of a share of Icy Blue Co. Assume the required rate of return is 23 percent.
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$30.71
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$25.80
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$25.28
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$23.80
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The New Managed Account Solutions Handbook
Authors: Stephen D. Gresham, Arlen S. Oransky
1st Edition
0470222786, 978-0470222782
