Question
Your firm just gave a dividend of $4.50 last week. You are expecting a growth rate of 23%, 20% and 13%, and 10% in the
Your firm just gave a dividend of $4.50 last week. You are expecting a growth rate of 23%, 20% and 13%, and 10% in the first four years, and 5% every year thereafter. Using a discount rate of 9%, what is fair value of the stock today?
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Personal Finance
Authors: Megan Noel, Dan French
2nd Edition
1465246479, 9781465246479
