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You will receive a stream of dividends for 10 years with an annual growth rate of 10%. You'll get the first dividend of $ 13,200
You will receive a stream of dividends for 10 years with an annual growth rate of 10%. You'll get the first dividend of $ 13,200 a year from now. assuming a discount rate of 12%. Find the present value of the dividend cashflows
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To find the present value of the dividend cashflows we can use the formula for the p...
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
