Shareholders require a 15 per cent return on their shares and a company has just paid a
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Shareholders require a 15 per cent return on their shares and a company has just paid a dividend of 80p per share. Over the past four years, the company has paid dividends of 68p, 73p, 74p and 77p per share (most recent dividend last). What is a fair price for the share using the dividend growth model?
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Related Book For
Corporate Finance Principles And Practice
ISBN: 9781292450940
9th Edition
Authors: Denzil Watson, Antony Head
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