Question
Suppose TSLAs current price is P=$150. Analysts expect TSLA to pay $15 dividends for the next 5 years, then start paying a $30 dividend per
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Suppose TSLAs current price is P=$150. Analysts expect TSLA to pay $15 dividends for the next 5 years, then start paying a $30 dividend per share in year 6. The expected dividend growth will then be constant at g. TSLAs discount rate is 12%. The expected growth rate g after year 6 implied by the two-stage DDM is g= % (answer with 1 decimal, e.g. 1.2%)
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
