Question
Suppose a firm just paid a dividend of $2.4 per share. We expect the firm to grow at a rate of 12% for four years,
Suppose a firm just paid a dividend of $2.4 per share. We expect the firm to grow at a rate of 12% for four years, after which it will grow at 3.8% forever. The required return is 10.5%. What is the firms current stock price? Show on Excel please
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
