Question
Suppose a REIT pays out a dividend today of $5.00 and the projected dividend growth rate is 2.5%. The investor has a required rate of
Suppose a REIT pays out a dividend today of $5.00 and the projected dividend growth rate is 2.5%. The investor has a required rate of return/discount rate of 7.5%. According to the Gordon dividend discount model, what is the REIT's stock worth today?
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
