A stock just paid a dividend of $1.84. The dividend is expected to grow at 25.00% for
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A stock just paid a dividend of $1.84. The dividend is expected to grow at 25.00% for two years and then grow at 3.83% thereafter. The required return on the stock is 12.18%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
Posted Date: