Question
X Inc. just paid (at time 0) a dividend of $2.00. The dividend is expected to grow at 17.00% per year until (and including) year
X Inc. just paid (at time 0) a dividend of $2.00. The dividend is expected to grow at 17.00% per year until (and including) year 4. After this, dividends will grow at 4.00% per year in perpetuity. Assume the discount rate is 6.00%. What is the stock currently worth?
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Financial Intelligence
Authors: Income Mastery
1st Edition
1647773210, 978-1647773212
