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YHT Corporation is expected to pay a dividend growing at 30% for the next three years. In the fourth year, the dividends will begin to
- YHT Corporation is expected to pay a dividend growing at 30% for the next three years. In the fourth year, the dividends will begin to grow constantly by 1.5%. If this year's dividend was $5.00 and the appropriate discount rate is 13%, what is the current price of YHT stock?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
