Abc comapmy just paid a dividend of 16 per share using the


ABC comapmy just paid a dividend of $1.6 per share. You expect ABC's dividend to grow at a rate of 9% per year for the next three years, and then you expect constant dividend growth of 4% forever. Based on the risk of ABC's stock, you require a return of 13%. Using the dividend discount model, what is the value of IBM stock?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Abc comapmy just paid a dividend of 16 per share using the
Reference No:- TGS02388607

Expected delivery within 24 Hours