Question
The dividend a year from today for the company XYZ will be $1.15. The dividend then will grow at 1=15% per year for the following
The dividend a year from today for the company XYZ will be $1.15. The dividend then will grow at 1=15% per year for the following 4 years. After that growth will be equal to 2=10% per year forever. What is the present value of the stock if the required return is 15%?
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
