Assume the current dividend for a company is $1.20 per share. Assume further that dividends are...
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Assume the current dividend for a company is $1.20 per share. Assume further that dividends are expected to grow at 5% forever and the required rate of return is 12%. The current price is $20.00 $18.00 $10.00 $17.00 Assume the current dividend for a company is $1.20 per share. Assume further that dividends are expected to grow at 5% forever and the required rate of return is 12%. The current price is $20.00 $18.00 $10.00 $17.00
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Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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