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Please show steps! I have the answers! IceThin Inc. currently pays a annual cash dividend of $4 per share. It is estimated that the company's
Please show steps! I have the answers!
IceThin Inc. currently pays a annual cash dividend of $4 per share. It is estimated that the company's dividend will grow at a rate of 15% per year for the next 2 years and then at a constant annual rate of 5% thereafter. The company's stock has a beta of 0.8, the risk-free rate is 2% and the market risk premium is 7%. What is the estimated price of the company's stock at the end of year 4?
IceThin Inc. currently pays a annual cash dividend of $5 per share. It is estimated that the company's dividend will grow at a rate of 15% per year for the next 3 years and then at a constant annual rate of 6% thereafter. The company's stock has a beta of 0.8, the risk-free rate is 3% and the market risk premium is 8%. What is the estimated price of the company's stock at the end of year 4?
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
0128104414, 978-0128104415
