Question
XYZ company pays the following dividends over the past 4 years. If the firm's dividend per share next is expected to be $3.02, what
XYZ company pays the following dividends over the past 4 years. If the firm's dividend per share next is expected to be $3.02, what is the company's intrinsic share price if the rate of return is 13% ? (Assuming that the company faces a constant Dividend growth). Year 2012 2011 2010 2009 2008 2007 Dividend per share $2.87 2.76 2.60 2.46 2.37 2.25
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
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