What is the present value of the 2026 dividend in today's money (as of 2022)? Additional information:

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What is the present value of the 2026 dividend in today's money (as of 2022)?

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Big Chunky just paid a $2.10 per share dividend this year. The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock is 10%.

Stocks current value per share = $30.90

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Jun 03, 2023 03:03 AM

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What is the present value of the 2026 dividend in today's money (as of 2022)? Additional information:

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Fundamentals Of Corporate Finance

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