Question
we assume x=1 1.Probably Company's last dividend was $4. The dividend growth rate is expected to be constant at 1x % for 3 years, after
we assume x=1
1.Probably Company's last dividend was $4. The dividend growth rate is expected to be constant at 1x % for 3 years, after which dividends are expected to grow at a rate of x % forever. If the firm's required return (rs) is 12%, what is its current stock price?
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Personal Finance QuickStart Guide
Authors: Morgen Rochard
1st Edition
1945051019, 978-1945051012
