Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter11: Determining The Cost Of Capital
Section: Chapter Questions
Problem 5P
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Estimate the value of the dividend just paid by a company that has a current stock price of $125.00, a dividend yield of 8.6% and dividends growing at a constant rate of 4.2%.
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