Question
NBC company is expected to pay a $1.60 per share dividend at the end of this year (i.e., D 1 =$1.60). The dividend is expected
NBC company is expected to pay a $1.60 per share dividend at the end of this year (i.e., D1=$1.60). The dividend is expected to grow at a constant rate of 10% a year from the current period to the foreseable future. The required rate of return on the stock, rs , is 15%. What is the price per share of NBC's stock today?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
