WSW Coporation just paid a $3.8 dividend per share. the required rate of return is 12%. You
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Question:
WSW Coporation just paid a $3.8 dividend per share. the required rate of return is 12%. You expect the dividend to grow at 10% per year for the next 2 years and expect to sell the stock at $70 at the end of year 2.
What is the maximum price you would pay to but the stock?
Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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