Question
Suppose Google stock has a discount rate of 10%. Google's annual dividends are expected to be $10 at the end of this year and grow
Suppose Google stock has a discount rate of 10%. Google's annual dividends are expected to be $10 at the end of this year and grow by 5% each year forever. What is the value of a Google share using the dividend discount method?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
