A fast - growing firm recently paid a dividend of $ 0 . 6 5 per share.
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Question:
A fastgrowing firm recently paid a dividend of $ per share. The dividend is expected to increase at a percent rate for the next four years. Afterwards, a more stable percent growth rate can be assumed.
If an percent discount rate is appropriate for this stock, what is its value?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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