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Procter & Gamble will pay an annual dividend of $0.8 one year from now. Analysts expect this dividend to grow at 10% per year thereafter
Procter & Gamble will pay an annual dividend of $0.8 one year from now. Analysts expect this dividend to grow at 10% per year thereafter until the fifth year. After then, growth will level off at 2% per year. What is the value of a share of Procter & Gamble stock if the firms equity cost of capital is 8%?
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
