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QUESTION 8 Nachman Industries just paid a dividend of DO = $1.32. Analysts expect the company's dividend to grow by 30%
Posted: Wed May 18, 2022 11:47 pm
by answerhappygod
- Question 8 Nachman Industries Just Paid A Dividend Of Do 1 32 Analysts Expect The Company S Dividend To Grow By 30 1 (12.79 KiB) Viewed 36 times
QUESTION 8 Nachman Industries just paid a dividend of DO = $1.32. Analysts expect the
company's dividend 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 low-risk stock is 9.00%. What is the best estimate of the stock's current market value?