CORP FIN--CONNECT ONLY+PROCTORIO+180 DAY
CORP FIN--CONNECT ONLY+PROCTORIO+180 DAY
12th Edition
ISBN: 9781266118562
Author: Ross
Publisher: MCG
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Chapter 9, Problem 22QAP

Finding the Dividend Newkirk, Inc., is expected to pay equal dividends at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 3.5 percent, forever. The current stock price is $ 59 . What is next year’s dividend payment if the required rate of return is 11 percent?

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Chapter 9 Solutions

CORP FIN--CONNECT ONLY+PROCTORIO+180 DAY

Dividend disocunt model (DDM); Author: Edspira;https://www.youtube.com/watch?v=TlH3_iOHX3s;License: Standard YouTube License, CC-BY