Dividend paid Rs .1/- in the first year, next year's dividend grow at 5% , and stock

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Dividend paid Rs .1/- in the first year, next year's dividend grow at 5% , and stock will be sold after 1 year at 13. 45, required rate of return is 13.2 %, what is the fair value of stock?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 09, 2024 03:07 AM

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Dividend paid Rs .1/- in the first year, next year's dividend grow at 5% , and stock

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To calculate the fair value of a stock using the dividend growth model we need to determine the pres... View the full answer

Fundamentals of Financial Management

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