Question
To calculate the fair price of a share, the formula P 0 = D 1 / (r-g) would be used when: Dividends are growing at
To calculate the fair price of a share, the formula P0= D1/ (r-g) would be used when:
Dividends are growing at a constant rate forever
There is no change in dividends
Dividends are growing at a constant rate for the next 5 years
When the first dividend is payable in Year 3.
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Cost Accounting
Authors: Les Heitger, Pekin Ogan, Serge Matulich
2nd Edition
053881764X, 978-0538817646
