Question: Answer to Question Homework: M2: Chapter 9 Homework Save Score: 0 of 1 pt 6 of 10 (7 complete) HW Score: 40%, 4 of 10
Answer to Question

Homework: M2: Chapter 9 Homework Save Score: 0 of 1 pt 6 of 10 (7 complete) HW Score: 40%, 4 of 10 pts X P9-12 (similar to) Question Help Procter and Gamble (PG) paid an annual dividend of $2.93 in 2018. You expect P and thereafter by 3.4% per year. If the appropriate equity cost of capital for Pro s dividends 9% per year for the next five years (through 2023), per share at the end of 2018. use the dividend-discount model to estimate its value The price per share is $ (Round to the nearest cent.) Quastion Vievar Enter your answer in the answer box and then All parts showing
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