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Business, 14.07.2020 19:01 miami158999

Assume Gillette Corporation will pay an annual dividend of $ 0.63 one year from now. Analysts expect this dividend to grow at 12.6 % per year thereafter until the 4th year. Thereafter, growth will level off at 2.5 % per year. According to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is 7.9 %? g

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Assume Gillette Corporation will pay an annual dividend of $ 0.63 one year from now. Analysts expect...
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