Question
The stock in Fake Company Tau carries a dividend of $4.50. That dividend has not changed in many years and is not expected to change
The stock in Fake Company Tau carries a dividend of $4.50. That dividend has not changed in many years and is not expected to change anytime soon. If your opportunity cost of money is 11.5%, what is an appropriate price (for you) of this stock?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
