Constant Growth: Polish Express just paid a dividend of $ 2 . 0 0 . The dividend
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Question:
Constant Growth: Polish Express just paid a dividend of $ The dividend will grow at a rate of forever. Investors require a rate of return on the companys stock.
a Estimate the stock price.
b If the stock is currently trading for $ on the New York Stock Exchange, would you but it
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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