Question
You are considering selling a stock you own. The company has a constant growth rate of 4.4%. They just paid a dividend of $2.78. The
You are considering selling a stock you own. The company has a constant growth rate of 4.4%. They just paid a dividend of $2.78. The stock has a required rate of return of 6.4%. What should the offer price of the stock be?
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Financial Institutions Investments And Management An Introduction
Authors: Herbert B. Mayo
8th Edition
0324178174, 9780324178173
