Question
Krogh Co.s stock price is $40 per share, and its expected year-end dividend is $2.40 a share (D1 = $2.40). The stocks required return is
Krogh Co.s stock price is $40 per share, and its expected year-end dividend is $2.40 a share (D1 = $2.40). The stocks required return is 10.00%, and the dividend is expected to grow at a constant rate forever. What is the expected price of the stock 3 years from now?
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Handbook Of Alternative Assets
Authors: Mark J. P. Anson
2nd Edition
047198020X, 978-0471980209
