Question
Samsung Co. just paid a dividend of $4.50. The dividend is paid on annual basis. The required annual rate of return is 12 percent. If
Samsung Co. just paid a dividend of $4.50. The dividend is paid on annual basis. The required annual rate of return is 12 percent. If the dividend is expected to grow at 4 percent every year, what should be the stock price?
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
