You are valuing your stock and you expect the next dividend at t = 1 be $2.30
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Question:
You are valuing your stock and you expect the next dividend at t = 1 be $2.30 dividends and you expect to grow by 20% per year for the next 7 years. After this high growth period dividends are expected to grow by 4% thereafter if investors require 10% return what is the estimated stock price?
83.72
165.99
40.04
89.78
18.65
78.21
41.73
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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