Question
If a stock pays $50 in dividends that grow at 2.5% annually and the interest rate is 4.5%, what would you be willing to
If a stock pays $50 in dividends that grow at 2.5% annually and the interest rate is 4.5%, what would you be willing to pay for the stock? Is that your maximum or minimum?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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