The current share price of the company GO S.A. is 36$ and its last dividend was 2.4$.
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Question:
The current share price of the company GO S.A. is 36$ and its last dividend was 2.4$. Taking into consideration the strong financial position of GO S.A. and its low risk , the required yield is 12%. If the dividends are expected to grow in the future with a stable rate g and if ke is expected to remain 12% calculate the expected price of GO S.A. 5 years from today.
Expert Answer:
To calculate the expected price of GO SA 5 years from today we can use the Gordon Growth Model assum... View the full answer
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
Posted Date:
