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nikki1992 nikki1992
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A year ago
Nikko Company’s last dividend was $1.60. The dividend growth rate is expected to be constant at 17% for 3 years, after which dividends are expected to grow at a rate of 8% forever. If Nikko’s required return (rs) is 13%, what is the company’s current share price?


▸

$42.91



▸

$43.20



▸

$43.52



▸

$43.85

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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jtarinayjtarinay
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A year ago
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nikki1992 Author
wrote...

A year ago
Good timing, thanks!
veronee_madison
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Yesterday
Thanks for your help!!
ouasfoudgewu
wrote...

2 hours ago
this is exactly what I needed
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