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Nam Trieu joint stock company is expected to pay dividend of VND 5000 dong/share next year. Expected dividend growth rate is 10% pa in the
Nam Trieu joint stock company is expected to pay dividend of VND 5000 dong/share next year. Expected dividend growth rate is 10% pa in the next 10 years and subsequently 9% pa in the next 9 years and subsequently 8% pa in the next 8 years and subsequently 4% to infinity. If the investors require a rate of return of 10% pa from the share of Nam Trieu joint stock company then what is the current price of the share?
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