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Pritcher's Pretty Good Pretzels (PPGP) is paying $0.85 per year in dividends. Their dividend growth rate has been very constant at 4%. Our expected
Pritcher's Pretty Good Pretzels (PPGP) is paying $0.85 per year in dividends. Their dividend growth rate has been very constant at 4%. Our expected rate of return is 9%. At what price would we consider Pritcher's to be a potentially good investment? Which dividend discount model did you use?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
