Question
The Western Co. has 20,484,823 Shares outstanding. It just paid a dividend of $3.35. It plans to grow its dividends 3.9% annually forever. The required
The Western Co. has 20,484,823 Shares outstanding. It just paid a dividend of $3.35. It plans to grow its dividends 3.9% annually forever. The required rate of return is 12%. Using the dividend growth model, what is the TOTAL equity value of The Western Co? (Round your answer to a whole number)
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
