A company just paid a dividend of $6 per share to its shareholders this year. Next year,
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A company just paid a dividend of $6 per share to its shareholders this year. Next year, the dividend is expected to grow by 7 percent, and this growth rate is expected to continue into the foreseeable future. If investors require a 10% return, what is the value of the share?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date: