The shares of the new company Abreu, Inc. are not expected to pay dividends for the next 3 years. From year 4 onwards, a
Posted: Thu May 19, 2022 11:13 am
The shares of the new company Abreu, Inc. are not expected to pay dividends for the next 3 years. From year 4 onwards, a dividend of $3.20 with a growth rate of 0% is expected. Determine the share price today, if the required return for activities of similar risk is 15%