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IPM just paid a dividend of $6.50 per share. Its dividends are expected to grow at 3% per year for the foreseeable future, and investors
IPM just paid a dividend of $6.50 per share. Its dividends are expected to grow at 3% per year for the foreseeable future, and investors require a 10% return for similar investments
- What is the current value of IPMs stock?
- Calculate IPMs dividend yield.
- What is IPMs capital gains yield?
- Based on its most recent divided of $6.50, an expected growth rate of 3% and a required return of 10%, what will be the value of IPMs stock in 3 years?
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
