Winters hi-hook inc a golf club manufacturer is currently, Ask an Expert

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Winters Hi-Hook Inc., a golf club manufacturer, is currently paying dividends of $.50 per share. These dividends are expected to grow at a 20 per cent rate for the next two years and at a three per cent rate thereafter (forever). What is the value of the stock if the appropriate discount rate is 14 per cent?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93049637

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