Question
Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a $2.2 per share dividend in 8 years, and you
Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a $2.2 per share dividend in 8 years, and you expect dividends to grow perpetually at 3.2 percent per year thereafter. If the discount rate is 14 percent, how much is the stock currently worth?
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The Social Profit Handbook
Authors: David Grant
1st Edition
1603586040, 978-1603586047
