A company just paid a dividend of 2.30 to its shareholders. It estimates that future growth will

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A company just paid a dividend of 2.30 to its shareholders. It estimates that future growth will be at 2%.

What is the value of the stock, if you are looking for an 8% return on your investment?

Related Book For answer-question

Intermediate Financial Management

ISBN: 978-1285850030

12th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Posted Date: May 12, 2023 06:12 AM

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A company just paid a dividend of 2.30 to its shareholders. It estimates that future growth will

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To calculate the value of the stock we can use the constant growth dividend discount mo... View the full answer

Intermediate Financial Management

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