HaveACap plc manufactures cap. The company has just paid a
dividend of £0.20 per share and dividends are expected to grow at a
constant rate of 8% per year indefinitely. Investors require a
return of 10% on the company’s stock.
What should HaveACap’s current share price be and what will the
price be in three years?
HaveACap plc manufactures cap. The company has just paid a dividend of £0.20 per share and dividends are expected to gro
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answerhappygod
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HaveACap plc manufactures cap. The company has just paid a dividend of £0.20 per share and dividends are expected to gro
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