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| General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards. |
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Hey guys, first time poster here.
I have a stock evaluation problem i cannot solve for the life of me. Can someone help me with it? A company just paid a dividend of $1 with dividends expected to grow by 20% for the next 3 years and 5% thereafter. If your RRR is 12%, you're willing to pay $___ for the stock. The solution given is: $12.60 |
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