3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow...
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Question:
3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow at 24.00% per year for 2 years and then the growth rate will slow to 3.70% per year forever. If the required rate of return is 8.90%, then what is the current stock price?
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date: