You believe that a company will pay a $ 2 dividend per share next year and following
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You believe that a company will pay a $ dividend per share next year and following this year the dividends will have a dividend growth rate of annually in perpetuity. You want a yield in your investment. How much will you be willing to pay for the price of the stock?
Related Book For
Essentials of Managerial Finance
ISBN: 978-0324422702
14th edition
Authors: Scott Besley, Eugene F. Brigham
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