Question
Suppose ABC Corporation's total dividend payout for the current fiscal year is $10.4 million, and it is expected to grow at 5.65% per year. The
Suppose ABC Corporation's total dividend payout for the current fiscal year is $10.4 million, and it is expected to grow at 5.65% per year. The discount rate for the cash flow is 10.36%. For simplicity, assume that it is the beginning of ABC's fiscal year so that the earliest dividend ($10.4 million) comes at one year from now. ABC has 10.36 million outstanding shares.
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
