AAA corp. has announced that they are going to pay $0.34 dividend next year for the first
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Question:
AAA corp. has announced that they are going to pay $0.34 dividend next year for the first time. The dividends grows at 40% for the next four years and 4% annually thereafter. If the equity holders expect 15% returns, what price they should expect to sell their shares six years from now?
Related Book For
Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
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