Question
TCL Motor Company just paid a dividend of $2.10. It is The company is expected to grow the dividend at a rate of 10 percent
TCL Motor Company just paid a dividend of $2.10. It is The company is expected to grow the dividend at a rate of 10 percent next year, 8 percent for the following two years, and then a constant growth rate of 5 percent thereafter. The cost of equity capital for the company is 11 percent. What is the stock value?
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
