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Assume ABC Corp. pays the dividend of $5.60 this year. For the next 25 years, the firm's dividend will grow by 5.3%, the
Posted: Fri Jul 01, 2022 7:47 am
by answerhappygod
- Assume Abc Corp Pays The Dividend Of 5 60 This Year For The Next 25 Years The Firm S Dividend Will Grow By 5 3 The 1 (18.64 KiB) Viewed 34 times
Assume ABC Corp. pays the dividend of $5.60 this year. For the next 25 years, the firm's dividend will grow by 5.3%, then it will grow by 4.6% each year afterwards. The required rate of return for the firm's industry is 11.3%. What is the present value of the firm's stock under the Dividend Discount Model? $97.36 $21.88 $95.56 $73.69