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6. Calculate the price of a dividend paying stock using the following information, assuming the price is equal to the present value of all
6. Calculate the price of a dividend paying stock using the following information, assuming the price is equal to the present value of all future dividends one will receive from owning the stock. (Hint: treat the stock as a growing perpetuity) * Dividend Growth rate Required return $37.50 $32.14 $42.60 $45.00 $4.50 2% 12%
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
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