Question
Rasputin Energy Drink Co just paid a dividend of $0.45. You believe they will try and grow dividends at 3% per annum indefinitely, and believe
Rasputin Energy Drink Co just paid a dividend of $0.45. You believe they will try and grow dividends at 3% per annum indefinitely, and believe stocks with similar risk should earn a return of 9%. What would you pay for the stock?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
