Question
X ltd. just paid a dividend of $1.55 per share. The required rate of return is 8% and the perpetual dividend growth rate is 2.2%.
X ltd. just paid a dividend of $1.55 per share. The required rate of return is 8% and the perpetual dividend growth rate is 2.2%. At what price should this stock sell for five years from today? If the stock is currently trading at $32.15, what would you recommend?
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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
