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Suppose BTC Inc., just paid a dividend of $2 per share on its stock. It is expected that the dividends will grow at a constant
- Suppose BTC Inc., just paid a dividend of $2 per share on its stock. It is expected that the dividends will grow at a constant rate of 4 percent per year indefinitely. If investors require a 12 percent return on BTC stock,
- What is the current price today? (3 marks)
- What will the price be in three years? (2 marks)
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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
