Question
The risk-free rate is 1.32% and the market risk premium is 8.12%. A stock with a of 1.47 just paid a dividend of $2.15. The
The risk-free rate is 1.32% and the market risk premium is 8.12%. A stock with a of 1.47 just paid a dividend of $2.15. The dividend is expected to grow at 21.25% for three years and then grow at 3.48% forever. What is the value of the stock?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
