ABC common stock is expected to have extraordinary growth in earnings and dividends of 25% per year for 2 years, after w
Posted: Tue Nov 16, 2021 8:24 am
ABC common stock is expected to have extraordinary growth in
earnings and dividends of 25% per year for 2 years, after which the
growth rate will settle into a constant 5%. If the discount rate is
16% and the most recent dividend was $4, what should be the
approximate current share price (in $ dollars)?
earnings and dividends of 25% per year for 2 years, after which the
growth rate will settle into a constant 5%. If the discount rate is
16% and the most recent dividend was $4, what should be the
approximate current share price (in $ dollars)?