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The Computer Chips is experiencing a period of rapid growth. Earnings and didends are expected to grow at a rate of 15% during the ned
The Computer Chips is experiencing a period of rapid growth. Earnings and didends are expected to grow at a rate of 15% during the ned 2 years at 13% in the third year, and a constart rate of 6% thereafter. Company's last dividend vas $ 1.15, and the required rate of return on the stock is 12%. 1. Calculate the value of the stock TODAY
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
