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Polycorp intends to pay a dividend of $2.00 in one year's time. Given the economic climate it is expected dividends are going to be unchanged
Polycorp intends to pay a dividend of $2.00 in one year's time. Given the economic climate it is expected dividends are going to be unchanged for the following 3 years. Dividends are then expected to grow at 2.00% pa forever. Shareholders required return on equity is 10.00% pa. What is the estimated value of Polycorp shares?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
