Question
The company Mora stenar AB has just paid a dividend of 2.2 SEK per share. The dividends are expected to be the same in perpetuity
The company Mora stenar AB has just paid a dividend of 2.2 SEK per share. The dividends are expected to be the same in perpetuity (so zero growth). The next dividend is payed in one year from now.
Assuming that the company has a return on equity of 10.8 percent, what is an appropriate market price for the stock today?
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Introduction to Data Mining
Authors: Pang Ning Tan, Michael Steinbach, Vipin Kumar
1st edition
321321367, 978-0321321367
