Suppose Target Corporation plans to pay $0.68 per share in dividends in the coming year. If
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Suppose Target Corporation plans to pay $0.68 per share in dividends in the coming year. • If its equity cost of capital is 10% and dividends are expected to grow by 8.4% per year in the future, estimate the value of Target’s stock.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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