Santa Klaus Toys just paid a dividend of $3.90 per share. The required return is 11.2 percent
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Santa Klaus Toys just paid a dividend of $3.90 per share. The required return is 11.2 percent and the perpetual dividend growth rate is 3.5 percent. What price should this stock sell for five years from today?
Timber Co. just paid its annual dividend of $3.82 and expects to reduce this payout by 6 percent each year, indefinitely. What is the per share value of this stock if you require a return of 14.5 percent?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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