Yori Limited issued a dividend of $6.09 yesterday. It expects dividends to grow at a steady rate
Fantastic news! We've Found the answer you've been seeking!
Question:
Yori Limited issued a dividend of $6.09 yesterday. It expects dividends to grow at a steady rate of 5.63% per annum for many years going forward. If the discount rate for these shares is 11.39% per annum, what is the share price for DEF Limited?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date: