Question
The dividend for Should I, Inc., is currently $1.67 per share. It is expected to grow at 16 percent next year and then decline linearly
The dividend for Should I, Inc., is currently $1.67 per share. It is expected to grow at 16 percent next year and then decline linearly to a perpetual rate of 4 percent beginning in four years. If you required a return of 11 percent on the stock, what is the most you would pay per share?
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
