Question
the last dividend paid was 1.5 per share. the stock is expected to grow at 18% for the next four years then to grow at
the last dividend paid was 1.5 per share. the stock is expected to grow at 18% for the next four years then to grow at a constant 7% thereafter. if the required rate of return is 11%, what should the stock sell for today
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Financial Institutions Investments And Management An Introduction
Authors: Herbert B. Mayo
8th Edition
0324178174, 9780324178173
