Question
Natural Blonde stock is currently priced at $81.49 per share. The stock is expected to pay annual dividends that are expected to grow by
Natural Blonde stock is currently priced at $81.49 per share. The stock is expected to pay annual dividends that are expected to grow by 5.32 percent per year forever starting after the next dividend is paid in 1 year. The expected return on the stock is 20.00 percent per year. What is the dividend expected to be in 6 years?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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