You have the opportunity to buy 800 shares of Tata Motors stock. Its last dividend paid was $3.00. You...
keeygoYou have the opportunity to buy 800 shares of Tata Motors stock. Its last dividend paid was $3.00. You expect the dividend to grow at 14% for the next 2 years with dividend growth then becoming constant at 5% for the future. How much would you pay for the stock today if your required rate of return is 18%?
13 years ago
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