A stock just paid dividends of $1 per share. Growth of these dividends is expected to be

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A stock just paid dividends of $1 per share. Growth of these dividends is expected to be 20% for the next two years followed by constant growth of 5% thereafter. The required return is 10%. What price should this stock sell for?

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Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Sep 04, 2023 01:13 AM

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A stock just paid dividends of $1 per share. Growth of these dividends is expected to be

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Corporate Finance A Focused Approach

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