Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
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Chapter 9, Problem 12P

Procter and Gamble (PG) paid an annual dividend of $1.72 in 2009. You expect PG to increase its dividends by 8% per year for the next five years (through 2014), and thereafter by 3% per year. If the appropriate equity cost of capital for Procter and Gamble is 8% per year, use the dividend-discount model to estimate its value per share at the end or 2009.

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Procter and Gamble (PG) paid an annual dividend of $2.81 in 2018. You expect PG to increase its dividends by 8.6% per year for the next five years (through 2023), and thereafter by 3.1% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.1% per year, use the dividend-discount model to estimate its value per share at the end of 2018. The price per share is $ (Round to the nearest cent.)
Procter and Gamble​ (PG) paid an annual dividend of $2.86 in 2018. You expect PG to increase its dividends by 8.7% per year for the next five years​ (through 2023), and thereafter by 2.7% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.3% per​ year, use the​ dividend-discount model to estimate its value per share at the end of 2018.
Procter and Gamble​ (PG) paid an annual dividend of $2.89 in 2018. You expect PG to increase its dividends by 7.7% per year for the next five years​ (through 2023), and thereafter by 3.3% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.7% per​ year, use the​ dividend-discount model to estimate its value per share at the end of 2018.  (Round to the nearest​ cent.)

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Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book

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