Question
What is the estimated current price of a share of ABC Company stock based on the Dividend Discount Model? The annual required rate of return
What is the estimated current price of a share of ABC Company stock based on the Dividend Discount Model? The annual required rate of return is 11.6%. ABC just paid their annual dividend of $4.56 a share and the expected growth rate of the dividend is 4.8% per year. Answer to the nearest penny.
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
