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Nike Company's last dividend was $1.5. The dividend growth rate is expected to be constant at 2.5% for 2 years, after which dividends are expected
Nike Company's last dividend was $1.5. The dividend growth rate is expected to be constant at 2.5% for 2 years, after which dividends are expected to grow at a rate of 5.0% forever. The firm's required return (r s) is 12.0%. What is the best estimate of the current stock price? explain
Nike Company's last dividend was $1.5. The dividend growth rate is expected to be constant at 2.5% for 2 years, after which dividends are expected to grow at a rate of 5.0% forever. The firm's required return (r s) is 12.0%. What is the best estimate of the current stock price? explain
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