Company D is expected to pay a $4.1 dividend at the end of the 4th year. You
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Company D is expected to pay a $4.1 dividend at the end of the 4th year. You expect Company D's dividend to grow by 2.0396 per year forever. Company D's equity cost of capital is 12.85%. What should be the price of the stock today?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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