Devil’s Lair Pty Ltd is growing rapidly at a rate of 35 per cent for the next 7 years. The first dividend to be paid 3 y
Posted: Sun Jun 05, 2022 6:56 am
Devil’s Lair Pty Ltd is growing rapidly at a rate of 35 per cent
for the next 7 years. The first dividend to be paid 3 years from
now will be worth $5. After 7 years the company will settle to a
constant growth rate of 8.5 per cent. What is the market value for
this share given a required rate of return of 14 per cent?
for the next 7 years. The first dividend to be paid 3 years from
now will be worth $5. After 7 years the company will settle to a
constant growth rate of 8.5 per cent. What is the market value for
this share given a required rate of return of 14 per cent?