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Mathematics, 28.07.2021 05:20 janeou17xn
GGG Company just paid a dividend of $5. The company’s dividend is expected to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this stock is 9%. What is the best estimate of the stock’s current market value?
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GGG Company just paid a dividend of $5. The company’s dividend is expected to grow by 30% this year,...
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