Question
Three Vancouver firms A, B, C each will pay $3.65 next year, the growth rate of the dividend for each of the firm is 4%.
Three Vancouver firms A, B, C each will pay $3.65 next year, the growth rate of the dividend for each of the firm is 4%. The required return for firm A is 8% and for firm B is 11% and for firm C, is 14%. What is the stock price for each firm?
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
