Question
Jahaz has an annual cash dividend policy that raises the dividend each year by 2%. Last years dividend was $3.00 per share. The company will
Jahaz has an annual cash dividend policy that raises the dividend each year by 2%. Last years dividend was $3.00 per share. The company will be in business for forty years with no liquidating dividend. What is the price of this stock if;
a) an investor wants a 9% return?
b) an investor wants an 11% return?
c) an investor wants a 17% return?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
11th Edition
1032241829, 978-1032241821
