You believe that a corporation's dividends will grow 5% on average into the foreseeable future. If the
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You believe that a corporation\'s dividends will grow 5% on average into the foreseeable future. If the company\'s last dividend payment was $5 what should be the current price of the stock assuming a 12% required return?
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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