Question
NYP.com just paid a $11 dividend. The dividend will grow at 5% annually for the next 3 years. After that, NYP.com will never pay another
NYP.com just paid a $11 dividend. The dividend will grow at 5% annually for the next 3 years. After that, NYP.com will never pay another dividend. If the cost of equity is 11%, what is the current share price?
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Lending Investments And The Financial Crisis
Authors: Elena Beccalli, Federica Poli
1st Edition
1349564982, 978-1349564989
