Question
Solar Energy will pay annual dividend of $1.93 per share next year. The company just announced that future dividends will be increased by 1.6% annually.
Solar Energy will pay annual dividend of $1.93 per share next year. The company just announced that future dividends will be increased by 1.6% annually. How much are you willing to pay for one share of this stock if you require a rate of return of 11.75%?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
