T-mobile just paid an annual dividend of $2.9 per share. The dividend is expected to grow by 4% per year. The required rate of return is 12%. What is the best estimate of the stock price in 9 years?
T-mobile just paid an annual dividend of $2.9 per share. The dividend is expected to grow by 4% per year. The required rate of return is 12%. What is the best estimate of the stock price in 9 years?
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 12P
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T-mobile just paid an annual dividend of $2.9 per share. The dividend is expected to grow by 4% per year. The required
What is the best estimate of the stock price in 9 years?
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