Question
Unheardof, Inc., has just paid a dividend of $5 per share. This dividend is anticipated to increase at a rate of 15% per year.
Unheardof, Inc., has just paid a dividend of $5 per share. This dividend is anticipated to increase at a rate of 15% per year. If the cost of equity for Unheard of is 25%, what should be the market value of a share of the company?
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Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
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