Assume company ABC gives a constant annual dividend of Rs 1 per share till perpetuity (lasting forever).
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Assume company ABC gives a constant annual dividend of Rs 1 per share till perpetuity (lasting forever). The required rate of return on the stock is 5%. Then what should be the purchasing price of the stock of company ABC?
Related Book For
Corporate Finance
ISBN: 978-0071339575
7th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro
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