Question
Lennys Sub Shop just paid a dividend of $2.00 a share (this is Do = $2.00). The dividend is expected to grow 0% a year
Lennys Sub Shop just paid a dividend of $2.00 a share (this is Do = $2.00). The dividend is expected to grow 0% a year for the next 3 years and then a 6% a year thereafter. What is the expected dividend per share for Year 3?
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
