Question
The current dividend paid by Astromarket is $1. It is expected to grow by 40% a year for two years, and then at 3% forever.
The current dividend paid by Astromarket is $1. It is expected to grow by 40% a year for two years, and then at 3% forever. The company cost of capital is 10%. What is the value of Astromarket stock?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
