Ninja Co. will pay a dividend of $29.00, which will increase by
8 percent each year over the following three years and then grow at
an annual rate of 9 percent forever. You expect a 12 percent return
on your invested capital. What price would you pay for a share in
this company? (Do not round "PV factor" and other intermediate
calculations. Round the final answer to 2 decimal places. Omit $
sign in your response.)
Price $
Ninja Co. will pay a dividend of $29.00, which will increase by 8 percent each year over the following three years and t
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am