Question
The next dividend for ABC Limited will be $0.4 per share (D 1 ). Investors require a 10 % return on companies such as ABC
The next dividend for ABC Limited will be $0.4 per share (D1). Investors require a 10 % return on companies such as ABC Limited. ABC's dividend increases by 5 % every year. Based on the dividend growth model what is the value of ABC Limited shares today? Price to the nearest cent.Do not enter the $ sign.
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
