Simphiwe6063 Simphiwe6063
  • 19-05-2021
  • SAT
contestada

A company paid dividend $12. Company is expected to grow the dividend at 10% per year for next 3 years and then at 6% per year forever. What is the price of stock at the end of third year if your discount rate is 14%?

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cguthrie06 cguthrie06
  • 19-05-2021
It’s 10! I saw it I took the test
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