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What's the intrinsic value of a company that won't pay dividends until Year 4 & then will pay these dividends: Year 5 = $0.20 Year
- What's the intrinsic value of a company that won't pay dividends until Year 4 & then will pay these dividends:
- Year 5 = $0.20
- Year 6 = $0.30
- Year 7 = $0.40
- Year 8 = $0.50
- The required rate of return on similar stocks is 12%
- The growth rate of dividends in Year 9 & beyond is 3%
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Behavioral Finance And Capital Markets
Authors: A. Szyszka
5th Edition
1137338741, 9781137338747
