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Mathematics, 24.08.2019 03:10 biancabahena04
Afirm is expected to pay a dividend of $5.00 in one year. it will then have extraordinary growth in dividends of 25% for each of the next 3 years, after which (i. e., beginning in year 5) it will face more competition and slip into a constant perpetual growth rate of 5%. what should the price of the stock today be based on the dividend discount model? the required return is 14%.
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Afirm is expected to pay a dividend of $5.00 in one year. it will then have extraordinary growth in...
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