Question
Problem 6-17 Multiple Growth Rates (LO2, CFA6) Carter Communications does not currently pay a dividend. You expect the company to begin paying a dividend
Problem 6-17 Multiple Growth Rates (LO2, CFA6) Carter Communications does not currently pay a dividend. You expect the company to begin paying a dividend of $4.80 per share in 14 years, and you expect dividends to grow perpetually at 6.3 percent per year thereafter. If the discount rate is 15 percent, how much is the stock currently worth? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
