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Please answer I have 30 minutes Heraklion is expected to pay a dividend of $1.4 a share in the coming year. Its share currently sells
Please answer I have 30 minutes
Heraklion is expected to pay a dividend of $1.4 a share in the coming year. Its share currently sells for $40. The required rate of return is equal to 11%. Dividends are expected to grow at a constant rate, g. Calculate the estimated value of the share three years from today. Show your steps Use two decimal points Step by Step Solution
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