Unitongue Talk, Inc. just paid a $2.00 annual dividend. Investors believe that the dividends will grow at
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- Unitongue Talk, Inc. just paid a $2.00 annual dividend. Investors believe that the dividends will grow at a rate of 20% per year for each of the next two years and 5% per year thereafter. Assuming a discount rate of 10%, what should the current price of the stock be?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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