Question
todays divident was $5.75 per share. the divident is expected to grow at a rate of 1.1 percent per year for the next 5 years.
todays divident was $5.75 per share. the divident is expected to grow at a rate of 1.1 percent per year for the next 5 years. your required rate if return on an investment of this sort is 10.4 percent oer year. the current market orice of the stock si 59.11 per share. what. 5 year target price is consistent with this?
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
