Engineering, 14.05.2021 14:00 nikkih1225

The dividend per share today costs Php20. Investors expect that the economy’s dividend will grow 10% for the next three years and a constant rate of growth of 5% thereafter. If the required return rate is 6%, what is the stock price?

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The dividend per share today costs Php20. Investors expect that the economy’s dividend will grow 10%...

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