Question
The risk-free rate is 2.41% and the market risk premium is 7.10%. A stock with a of 0.90 just paid a dividend of $2.00. The
The risk-free rate is 2.41% and the market risk premium is 7.10%. A stock with a of 0.90 just paid a dividend of $2.00. The dividend is expected to grow at 20.60% for five years and then grow at 4.84% forever. What is the value of the stock?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
