Abbley INC just paid $5 dividends. The company is growing very fast; therefore, they are expecting to

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Abbley INC just paid $5 dividends. The company is growing very fast; therefore, they are expecting to increase their dividend payments by 20% over the next 5 years and then they will pay a fixed amount of payment for the unforeseen future.

What would be the appropriate stock price if the discount rate is 5%?

Related Book For answer-question

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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Posted Date: Nov 25, 2023 06:12 AM

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Abbley INC just paid $5 dividends. The company is growing very fast; therefore, they are expecting to

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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