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please answer this question ASAP!! sorry for the inconveniences, the amount of dividend at the end of year 6 is $1.00 per share ABC Company
please answer this question ASAP!!
sorry for the inconveniences, the amount of dividend at the end of year 6 is $1.00 per share
ABC Company is expected to have the following dividend paying structure in the future: No dividends are expected to be paid in the first five years Dividends are expected to grow at a constant rate of 5% per year thereafter until (and including) year 10 Dividends are then expected to grow at a constant rate of 3% per year thereafter forever The required rate of return is 10% per year. What is the value of one share of ABC Company? Show your calculationStep by Step Solution
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