Question
The company XYZ expects to pay annual dividends growing at the rate of 4% per year forever. What comes closest to the price per share
The company XYZ expects to pay annual dividends growing at the rate of 4% per year forever. What comes closest to the price per share of stock XYZ if it just paid an annual dividend of $4? Assume the discount rate of 6%.
The company XYZ expects to pay annual dividends growing at the rate of 4% per year forever. What comes closest to the price per share of stock XYZ if it just paid an annual dividend of $4? Assume the discount rate of 6%.
66.7
100
200
208
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
