Question
XYZ Corporationjust paid a dividend of $2.33 per share.The dividends are expected to grow at 53% over the next 4years, and then the dividends will
XYZ Corporationjust paid a dividend of $2.33 per share.The dividends are expected to grow at 53% over the next 4years, and then the dividends will grow at 2%forever.If investors require a 12% rate of return on their investment, calculate the current price per share?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
