River street inc currently pays a dividend of 250 per share, Ask an Expert

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River Street, Inc. currently pays a dividend of $2.50 per share. The firm’s cost of equity capital is 10%, and dividends are expected to grow at 6% per year for the foreseeable future (i.e. forever). Based on this information, what is the value of the firm’s stock today? What is the value in five years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92170505

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