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What is the intrinsic value of a stock which last paid a dividend of $2.55 and is expected to grow at 18% over the next
What is the intrinsic value of a stock which last paid a dividend of $2.55 and is expected to grow at 18% over the next 2 years after which it will settle down at a stable rate of 7% per annum? The investor's required rate of return is 13%.
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To calculate the intrinsic value of a stock using the dividend discount model we need to consider th...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
