What would be the terminal values of the dividends from IWPI-Spain if they were expected to grow

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What would be the terminal values of the dividends from IWPI-Spain if they were expected to grow in real terms at 1% rather than 0%? How would this growth arise?


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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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