Question
Stock Valuation Questions 3 CIMB bank Berhad is a dividend paying company and it currently pays RM2 as dividend. The dividend is expected to grow
Stock Valuation Questions 3
CIMB bank Berhad is a dividend paying company and it currently pays RM2 as dividend. The dividend is expected to grow at the rate of 30% in the first 5 years and then return to its long-run constant growth rate of 5%. The required rate of return is 12%.
- What is the value of the stock today?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
