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Your companys most recent dividend was $1.75. Its dividend growth rate is expected to be constant at 20% for 2yrs, after which dividends are expected
Your companys most recent dividend was $1.75. Its dividend growth rate is expected to be constant at 20% for 2yrs, after which dividends are expected to grow at a rate of 5% forever. its required return is 12%. What is the best estimate of current stock price?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
