company AAA has just paid its annual dividend of $1.5 today. The dividend is expected to grow
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company AAA has just paid its annual dividend of $1.5 today. The dividend is expected to grow at 8% per year for the next 5 years, then reach a constant growth of 3% per year thereafter. The equity rate of return is 6%. if the stock market is efficient what should be the price for company AAA's share
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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