The current dividend of a share in Osmium Company is ($ 6) and investors require a rate
Question:
The current dividend of a share in Osmium Company is \(\$ 6\) and investors require a rate of return of 9 per cent. Dividends are expected to grow at the following rate.
Required:
Calculate the price investors would be willing to pay for a share in Osmium Company.
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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