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Procter and Gamble (PG) paid an annual dividend of S179n 2009. You expect PG to increase its dividends by 8 1% per year trte net
Procter and Gamble (PG) paid an annual dividend of S179n 2009. You expect PG to increase its dividends by 8 1% per year trte net f emomgh 2014) and thereafter by 29% per year if the appropriate equity cost of capital for Procter and Gamble is 87% per year, use the divided iscout model to estate ito vain per share at the end of 2009 The price per share is $ 39? (Round to the nearest cent.)
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