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The South Co. has 1,589,000 Shares outstanding. It just paid a dividend of $3.45. It plans to grow its dividends 4.5% annually forever. The required
The South Co. has 1,589,000 Shares outstanding. It just paid a dividend of $3.45. It plans to grow its dividends 4.5% annually forever. The required rate of return is 15%. Using the dividend growth model , what is the total equity value of South?
$34.38
$52,214,540.00
$54,559,450
$32.86
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