Question
The Company expects to announce their annual dividend of $ 3.04 next year. The company promises to increase its dividends at 2.1 % perpetually. You
The Company expects to announce their annual dividend of $ 3.04 next year. The company promises to increase its dividends at 2.1 % perpetually. You make an offer to purchase the stock so that you earn 13.63 %. If market conditions remain stable what do you anticipate the stock should sell for after 8 years?
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
