Suppose a stock has just paid a $2.3 per share dividend (D0). The dividend is projected to
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Suppose a stock has just paid a $2.3 per share dividend (D0). The dividend is projected to grow at 20% for the next three years, then 6% thereafter indefinitely. What should be the amount of dividend in four years (D4)? (Do not include the $ sign, and round it to two decimal places, e.g., 4.25)
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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