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Your company just paid a dividend of $ 2.30 The growth rate in dividends is expected to be 19 percent per year for the next
Your company just paid a dividend of $ 2.30 The growth rate in dividends is expected to be 19 percent per year for the next three years and then the growth rate expected to decline to a constant 5 percent thereafter . What is the current value of this stock the required rate of return is percent ?
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Financial Markets And Institutions
Authors: Jeff Madura
10th Edition
1285531507, 9781285531502
