Question: FINA 3320 - Section 003 Sofia Marina Homework: Module 8: Chapter 9 - Stock Valuation Save Score: 0 of 1 pt 8 of 17 (0
FINA 3320 - Section 003 Sofia Marina Homework: Module 8: Chapter 9 - Stock Valuation Save Score: 0 of 1 pt 8 of 17 (0 completel HW Score: 0%, 0 of 17 pts P9-12 (similar to) Question Help Procter and Gamble (PG) paid an annual dividend of $2.00 in 2018. You expect PG to increase its dividends by 7.1% per year for the next five years through 2023), and thereafter by 32% per year if the appropriate equity cost of capital for Procter and Gamble is 8.9% per year, use the dividend-discount model to estimate its value per share at the end of 2018 The price per share la $(Round to the nearest cont.)
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