Question
The earnings and dividends of a firm are expected to grow at an annual rate of 15 percent over the next 4 years and then
The earnings and dividends of a firm are expected to grow at an annual rate of 15 percent over the next 4 years and then slow to a constant growth rate of 8 percent per year thereafter. The firm currently pays a dividend of $0.50 per share (D0 = $0.50). What is the value of this firm
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
