Assume a stock has dividends that grow at a constant rate forever. If you value the stock

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Assume a stock has dividends that grow at a constant rate forever. If you value the stock using the constant dividend growth model, how many years’ worth of dividends constitute one-half of the stock’s current price?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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