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The current dividend of a share, D0, is $5.00. Growth is expected to be 10% a year for three years and then 5% p.a. thereafter.
The current dividend of a share, D0, is $5.00. Growth is expected to be 10% a year for three years and then 5% p.a. thereafter. The required rate of return is 15% p.a. Estimate the intrinsic value of the share.
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
