Wyatt Oil currently does not pay dividends. He anticipates Wyatt Oil will pay an annual dividend of
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Wyatt Oil currently does not pay dividends. He anticipates Wyatt Oil will pay an annual dividend of $0.56 per share two years from now and expects dividends to grow by 4% per year thereafter. If Wyatt Oil's cost of capital is 12%, what is the present value of one share of Wyatt Oil?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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