Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Quantitative Problem 3: Assume today is December 31, 2018. Imagine Works Inc. just paid a dividend of $1.40 per share at the end of 2018. The dividend is expected to grow at 12% per year for 3 years, after which time it is expected to grow at a constant rate of 6% annually. The company's
$ ____ per share
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