A company plans to pay a 20p dividend for the next 3 years and thereafter will be
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A company plans to pay a 20p dividend for the next 3 years and thereafter will be subject to 8% growth indefinitely. If shareholders’ required rate of return is 12%, calculate the price of the ordinary share.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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