A stock just paid a dividend of $2.66. The dividend is expected to grow at 25.08% for
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A stock just paid a dividend of $2.66. The dividend is expected to grow at 25.08% for three years and then grow at 3.35% thereafter. The required return on the stock is 10.53%. What is the value of the stock?Round answer to decimal places.
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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