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The year-end dividend of a company will be $2.40 and this is expected to grow at 4% forever. The required rate of return for the
The year-end dividend of a company will be $2.40 and this is expected to grow at 4% forever. The required rate of return for the stock is 12%. Calculate the price of the stock. If earnings per share re $3.10 what is the present value of growth opportunities for the company
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
9th edition
978-1259222139
