Question
You expect FastMo corp. to pay an initial annual dividend of $4.61. in 9 years. You also expect the firm to grow at an annual
You expect FastMo corp. to pay an initial annual dividend of $4.61. in 9 years. You also expect the firm to grow at an annual rate of 0.03 once the dividend is paid. If the discount rate for the firm is 0.072, what should be the current per share price for FastMo?
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
