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New Horizon Company has just paid $.50 dividend payment and due to its very promising. Projects the company announced that dividend payments will grow at
New Horizon Company has just paid $.50 dividend payment and due to its very promising. Projects the company announced that dividend payments will grow at a rate of 18% indefinitely.
What is the stock price in four years from now if cost of equity is 20%?
What is the stock price in four years from now if cost of equity is 20%?
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To calculate the stock price in four years from now we can use the Gordon Growth Model ...
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
