Question
Q7 DEF Ltd just paid a dividend of $3.5 per share. Investors expect DEF will keep on paying the same amount of dividend every year
Q7
DEF Ltd just paid a dividend of $3.5 per share. Investors expect DEF will keep on paying the same amount of dividend every year forever. If the required rate of return is 8.5 percent per annum, what is the fair value of a DEF share today?
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Mutual Fund Industry Handbook
Authors: Gremillion
1st Edition
0471736244, 978-0471736240
