Mathematics, 26.04.2021 15:00 NONO3456
Your company paid a dividend of $2.00 last year. The growth rate is expected to be 4 percent for 1 year, 5 percent the next year, then 6 percent for the following year, and then the growth rate is expected to be a constant 7 percent thereafter. The required rate of return on equity (ks) is 10 percent. What is the current stock price?
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Your company paid a dividend of $2.00 last year. The growth rate is expected to be 4 percent for 1 y...
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